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Fox_Technicals

$EEM: Emerging Could Emerge

Long
iShares MSCI Emerging Index Fund (AMEX:EEM)  
Fox_Technicals  
AMEX:EEM   iShares MSCI Emerging Index Fund
Trend Analysis Chart Patterns
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Following the developments in IZRL , FM and EEM we see a similar theme developing. Though this may appear to be a head and shoulders, emerging market stocks could be a smart bet while the Fed figures out what it will do next. We will look for support to be between where it is now and 37.5.
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