Emerging markets is extremely bearish

2018年9月20日

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.

2018年9月20日

註釋

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

2018年9月23日

註釋

Updated my charts a big.

Daily

2018年9月23日

註釋

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.)