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EEM is ready to roll down into the new year


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#1 Charvo

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Posted 10 November 2016 - 11:47 PM

 

Shorting EEM is my #1 priority now going into the new year.  I think it is a 100% certainty that Yellen will raise rates.  I wouldn't even be surprised if she goes ballistic with consecutive rate hikes in the near future.  



#2 pisces

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Posted 11 November 2016 - 08:42 AM

EEM broke down in late oct.out of a decent looking diamond top, backtested it and is going lower. 1st target is $34.00,then $32.00 support , from which it should rally some , after that TWT..   zorro.gif