Emerging Markets are showing signs of life at least for the short term. After years of underperformance discussed in previous graphs. EM is at extreme oversold lvls vs DM and showing signs of life. A weekly close above the recent downtrend (blue line) would be encouraging for a period of outperformance with eyes on our longer term charts previously published where we made our case for EM outperformance for the next decade based on technicals and fundamentals.
