Emerging Markets: Crasians

Managing Partner at Tim Knight Organization • Feb 26, 2018 at 12:09 PM EST

The emerging markets make for an interesting short idea with a clean stop-loss at 50.31 (which is just above that horizontal, anchored to the gap).

I thumbed through my ETF charts and noticed a couple of interested overseas items. First off, the emerging markets make for an interesting short idea with a clean stop-loss at 50.31 (which is just above that horizontal, anchored to the gap).

(Click on image to enlarge)

slopechart_EEM

Also intriguing is Japan, by way of DXJ, which has quite clearly broken its uptrend.

(Click on image to enlarge)

slopechart_DXJ (1)

Looking closer, you can see the red horizontal at 58.21. I am more enthusiastic about EEM than this one, but I thought they were both worth a mention.

(Click on image to enlarge)

slopechart_DXJ

Disclaimer:

This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional. The author has no business relationship with any company whose stock is mentioned in this article nor is receiving compensation from any of the companies mentioned.

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EEM DXJ

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