Watch px action and get ready for short if fails at 45 key level
If EEM failes to recapture bullish trend above 45, then it will suffer serious damage. Also if USD gets stronger (I think this is quite likely), that could put more pressure on Emerging Markets.
Watch price action here. Keep your eyes on haDelta+ and haOscillator! These will tell you first if bulls can't gain momentum.
Wait for confirmation and get ready for short.
Watch price action here. Keep your eyes on haDelta+ and haOscillator! These will tell you first if bulls can't gain momentum.
Wait for confirmation and get ready for short.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.