Emerging Markets, First to Rise or Fall

Discussion in 'Trading' started by Petsamo, Dec 11, 2010.

  1. The behavior of the emerging markets indicate that a major downleg on the SPX is near. The emerging markets have been declining. The chart below shows a lower high on EEM.


    The chart below has a time frame of 3/11 - 7/11/2010. It clearly shows EEM dropping first and rising first.


    Deadbroke can now go short! [​IMG]
  2. dozu888


    'clearly' or not, that's debatable.... but when there is divergence like this, it's always a warning sign.