Emerging Markets - heading for a fall?
I find that UK listed investment trusts often show quite clear EW patterns and maybe, just maybe, this is one of them. I saw a presentation that suggested that the bull market in Emerging markets is just getting under way but this count suggests a totally opposite view to that. However, the long term trend is definitely up and calling tops usually ends in tears so I don't hold that much faith in this count. Time will tell.....
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