VFEM is above 200dma but closed below an important resistance level. I think it will regroup (go lower) before trying again. Holding above should be good for 45.7 which seems to be the next resistance.
Note
45.7 was sliced through by the Chinese bull market. Price action looks a bit too hot, but China is 43% of the benchmark weight so expect further upside.
Support and Resistance

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