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A ‘death cross’ sighting in emerging market ETF

Posted on 12 June 2013

Bearish technical “death crosses” don’t always lead to further weakness, but the one that appeared recently in the iShares MSCI Emerging Markets ETF (EEM) looks likely to be one that does.
That also fits with other signs that technicians see as warning that the longer-term trend has turned lower, including a bearish “head-and-shoulders” reversal………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 39433 posts on Opalesque Commodities Briefing.


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