EEM: retesting uptrend mode support

This is a major signal in emerging markets, prices have slumped and returned to the last big accumulation level from where the bull market started recently. This is a major buy opportunity, and possibly also linked to a major bottom in global equities and oil.

Best of luck,

Ivan Labrie.

Commento:

$EEM seems like the long term bottom signal panned out, not sure if we will go back down from here
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Long term positions established near the lows should be safe to hold overall, non-leveraged, cash accounts.

Commento: