For the start of 2014, the EEM decline 11% in 22 trading days (34 calendar). Now the EEM is coming back to unchanged here. I could see it take some time here to regroup, but I see it outperforming the S&P500 SPY over the next 3-4 months to the tune of 10%-15%.
There has been a 40% relative UNDERPERFORMANCE for EEM since the peak at the end of 2012. That is a tremendous performance lag.
Investors appear to be liquidating their US positions and rotating into Emerging Markets positions and I agree with the shift in trend.
Risk 4% - versus - Reward of 10%-15%. Time frame 1 to 3 months.
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Мои профили:
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.