Emerging markets is extremely bearish

20 sept. 2018

Bearish shooting star pattern right into channel resistance and just below major resistance line. You'd have to off your rocker to buy EEM exposure here, not with Fed day next week.

20 sept. 2018

Note

I made a mistake, this is a dragon fly doji, nonetheless still bearish.

23 sept. 2018

Note

Updated my charts a big.

Daily

23 sept. 2018

Note

Weekly
The case could be made for a bullish descending wedge, however I am inclined to distrust it due to fundamental reasons taking precedence (i.e., China walking away from tarriff discussion, fed week next week with possible interest rate hike, etc.)