EM within massive 20+ yr wedge.....unlikely to break yet. Emerging markets have been trading inside a massive wedge for the last 20+yrs and currently testing upper trendline....however technicals look very overbought and do not support a break yet. A move to the lower trendline in the coming months/yrs looks likely.
Templeton Emerging Markets Fund
No trades
3.37 USD
50.49 M USD
12.11 M USD
14.95 M
About Templeton Emerging Markets Fund
Sector
Industry
Headquarters
Fort Lauderdale
Founded
1987
IPO date
Feb 26, 1987
Identifiers
3
ISIN US8801911012
Templeton Emerging Markets Fund operates as a non-diversified, closed-end management investment company. It is designed for investors seeking long-term capital appreciation through equity investments. The company was founded on February 26, 1987 and is headquartered in Fort Lauderdale, FL.
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Why I think it's a good idea to have some EM exposureEmerging markets have dramatically underperformed the S&P 500 since the launch of the first EM ETF in 1987. However, during that period, there have been stretches of outperformance. In fact, there appears to be a cycle. EM outperformed from 1987 to 1994, underperformed from 1994 to 2000, outperforme
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.


