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[Mr Dev]

we are seeing many sell signals come up going into the last hour of trading..this is expected to move into the hourly signals and possibly affect the daily buy signal we are on as soon as monday. the eem is showing us more resiliency today although it has yet to run as high or as long as the US indexes. . however we do not yet see a trend change or necessary strength ..(yet) to consider exiting short positions in emerging markets. EEM is up against resistance and will either jump that creek or continue with the down trend . any long positions into next week need to use safe stops...

Edited by Mr Dev, 21 February 2014 - 03:57 PM.