Emerging markets is extremely bearish

20 thg 9, 2018

Bearish shooting star pattern right into channel resistance and just below major resistance line. You'd have to off your rocker to buy EEM exposure here, not with Fed day next week.

20 thg 9, 2018

Ghi chú

I made a mistake, this is a dragon fly doji, nonetheless still bearish.

23 thg 9, 2018

Ghi chú

Updated my charts a big.

Daily

23 thg 9, 2018

Ghi chú

Weekly
The case could be made for a bullish descending wedge, however I am inclined to distrust it due to fundamental reasons taking precedence (i.e., China walking away from tarriff discussion, fed week next week with possible interest rate hike, etc.)