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thanks for the great charts Bouraq. any updates on EEM? it's been making higher highs and higher lows. any key levels to watch for? are you bullish or bearish on it?
Hi Steven, although it's making new higher highs it looks very choppy, more like a correction before the next leg down. If it goes below 39 again, it will break down a long term support. Target would be 30.
thanks for the great charts Bouraq. any updates on EEM? it's been making higher highs and higher lows. any key levels to watch for? are you bullish or bearish on it?
ReplyDeleteHi Steven, although it's making new higher highs it looks very choppy, more like a correction before the next leg down. If it goes below 39 again, it will break down a long term support. Target would be 30.
ReplyDelete