Emerging Markets: Crasians

By Tim Knight of Slope of Hope
Monday, February 26, 2018 12:09 PM EDT

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 ...

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