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Emerging markets (EEM) - Bear Flag targets $18Back in 2021, I posted about Emerging markets with a title "EEM. Emerging markets could drop within the last leg down" The plan plays out well so far and I found another educational pattern for you on it today. The Bear Flag appears in the chart as I spotted it on time. The price is still within the Flag and breakdown below the downside of the pattern would trigger the continuation of the downtrend after this consolidation. The target is located at the distance of the Pole subtracted from the downside of the Flag. $18 is the bottom of the large range and the aim for the Bear Flag. This is the beauty of the patterns as they match with other type of analysis.
AMEX:EEMEducation
by aibek
EM Equities Bottom Call Valuations are attractive on an absolute and relative basis. Cross-asset breadth for EM assets (stocks/bonds/FX) making a sharp move higher from washed-out levels. EM central banks are collectively pivoting from rate hikes to cuts, which supports EM assets. China is moving towards a larger stimulus as the property downturn deepens and the economy slows further. Technically, the chart shows a bullish RSI divergence and a double bottom 'h' pattern occurring near the apex of a massive 10-year symmetrical triangle. Extreme and lingering pessimism marks a reset in sentiment and a contrarian signal. Market consensus: The Fed is done with rate hikes and the USD has peaked. Note: Despite cheap valuations, clear downside risks are intensifying as stimulus-hesitance and bad karma continue. In summary, given the macro catalysts, valuation story, sentiment reset, and promising technicals, an inflection point is appearing. While I refuse to invest in China for personal reasons, it would be wrong to ignore the upside and indeed what is different this time.
AMEX:FXILong
by RHTrading
2
IHDG: A Rising Dollar is No Problem For This Foreign ETFThe US Dollar Index (DXY) has gotten off to a rip-roaring start to 2024. Up more than 2% on the year, the greenback’s ascent comes after significant declines over the final handful of months in 2023. That is usually a headwind for equities, particularly shares of companies domiciled overseas. Not surprisingly, we’ve seen many foreign index funds suffer relative to the S&P 500 thus far in January. To combat these currency concerns, hedging FX exposure reaps rewards in these environments. The WisdomTree International Hedged Quality Dividend Growth Fund ETF (IHDG) does just that. In addition to mitigating the risks of a rising dollar, the strategy aims to own high-quality dividend growth companies. While this ETF can be a replacement for a high-yield or large-cap position among long-term investors, technicians might look at its chart and see an intriguing development. My featured chart is a breakout in IHDG. A rally above the key $41 level tells me there is plenty of strength away from the US mega-cap tech stocks. IHDG features a rising 200-day moving average with its price above both the 200dma and nearer-term 50dma. What’s more, following the breakout above $41, next resistance could come into play around its late 2021 highs above $46, while ample volume by price in the $36 to $41 range should offer cushion on any pullbacks. So, don’t discount non-US equities even as the SPX and QQQ lead the global markets. If the trend of a stronger DXY continues, IHDG may keep on shining versus foreign index equity ETFs.
AMEX:IHDGLong
by mikezaccardi
DGRE: A Quality EM Fund Without China Exposure, Dividend FocusEmerging Markets have been a source of disappointment for global investors since their peak in Q4 2007. Despite intermittent short-term outperformance and hopes for a rebound, relative strength against the US has declined since October 2010. However, amidst that awful trend, EM small caps have quietly emerged as winners, showing a total return of nearly 10% since mid-July 2023 and a solid 19% over the past year, outpacing domestic small caps. The WisdomTree Emerging Markets Quality Dividend Growth Fund ETF (DGRE) stands out among EM-focused strategies. Notably, DGRE gained attention for its move away from the troubled Chinese stock market last year, resulting in significant alpha versus other broad EM index funds. Over the past 12 months, DGRE has outperformed the iShares MSCI Emerging Markets ETF (EEM) by over 11 percentage points. This outperformance is attributed to DGRE's investment strategy, which focuses on dividend-paying companies with growth characteristics across emerging markets. Techically, DGRE continues to pace EEM, with a total return of only -10% in the last two years compared to EEM's 19% decline. My featured chart illustrates that DGRE is near the top end of a trading range that began about a year ago, but with some support under the current price. DGRE's rising 200-day moving average suggests the bulls are in charge, and that assertion is supported by a positive RSI momentum reading. Looking ahead, I see potential for DGRE to rally toward the $28 to $29 range, given the historical battleground from 2021 and early 2022, while support is seen around $21 to $21.50. Big picture, DGRE provides investors with exposure to Emerging Markets but without the risk associated with China. The strategy focuses on high-quality companies with a history of increasing dividends, making it an attractive option for those seeking EM investments with a proven track record. The chart suggests a bullish trend is emerging, and DGRE's unique approach sets it apart from other EM index funds. Disclosure: I am a freelance writer for WisdomTree Investments
NASDAQ:DGRELong
by mikezaccardi
Emerging Market Fund (EEM) Turns the corner against NasdaqIntroduction Since the 2008 Financial Crisis NDX has been “the” trade for anyone looking for easy gains in equities. It has stomped out precious metals, emerging markets and the like. Even crypto powerhouses like Bitcoin and Ethereum are sideways against NDX since the 2018 crypto bear market and smaller alts have been clobbered against NDX in the most recent bear market. Against all this we now have the Emerging Market ETF, EEM, turning technical corners against NDX on the monthly time frame. This idea is more of an investing idea rather than a day or swing trade idea. And it point to finding entries into EEM. Main Chart The main chart has a very simple draw. It takes a bearish fib draw from the all time high to the bull trap low. The gavel shows where price returned to the 1 line and previous support was turned into resistance. From there the pair bear market began in earnest. Price consolidated for about 3 years on the 2.618 level before continuing downward. That leve is also confirmed by the VPVR. We see similar levels of consolidation at the 3.618 an 4.0 level. Price is currently just bounced of the 4.618. Conceivably price could go and hit a 5.0 extension with the divergence indicators showing bullishness n the monthly chart I don’t see that being a likely scenario. Divergence Primer Normal Divergence (Trend Reversal) Bearish: Higher highs on price action but lower highs on the indicator Bullish: Lower lows on price action but higher lows on the indicator Hidden (Trend Continuation) Bearish: Lower high on the price action and higher highs on the indicator Bullish: Higher low on the price action and a lower low on the indicator Divergence Indicators The RSI, Stochastic and Stochastic RSI are some of the first indicators traders learn about when they begin to trade. There is a lot of value one can get out of their use by mastering the fundamentals rather than running off for more esoteric indicators. The Logrithmic MACD is a advanced look at the MACD that can be useful whenever you look at a underlying asset that is best viewed logarithmically for its charting and targeting. Relative Strength Index A very simple indicator for looking for divergences. The chart clearly shows that there have been 2020 we have had two lower lows on price action but two higher highs on the RSI. This is clearly normal bullish divergence and suggest a trend reversal is coming. Even more importantly the RSI has climbed its way above the key level of 25 on this most recent bounce. One of the main things I am looking for is a swing low with hidden bullish divergence. A buy of a low with hidden bullish divergence is one of my most preferred buys for trades and investments. Stoch RSI The Stoch RSI is derived from from the RSI and helps confirm any divergences on the RSI. Seeing bullish divergence on the Stoch RSI helps confirm the fact that price action is turning the corner and ready to reverse. This indicator will be useful when combined with the EEM chart to help buy pull backs. It will also be useful to see any further bullish divergences. Log MACD The log MACD is undulating below zero Despite any bullish divergence we see we can know we are a long way away from seeing an impulse move upward on EEM/NDX while the LMACD is below zero. If we see the LMCAD with bullish divergences above zero then we can know that the move will be a lot more impulsive. As it stands, this is still time to accumulate EEM against NDX. EEM EEM has hidden bearish divergence on the 2020 C19 low to the low of October 2022. I am going to be looking for another low shortly to see what divergences can be seen. I hope to buy in against or below the monthly BB. Another look with fewer indicators and some ambitious trend lines. Conclusion There is a lot of noise about financial resets and that can mean a lot of different things. For me, nothing totally resets but there are transition periods of major rotations. With emerging markets so low against the NASDAQ it seems likely they will benefit from rotation as people sell something that is overvalued (NDX Stocks, other US equities) and try to move into things that are comparatively undervalued. A look at EEM is looking for a investment that can be held perhaps for decades or until some young’un wants to retire. There is probably a lot of consolidation and accumulation that needs to occur before any big move happens. But when it starts to move it should be quite impulsive for a index. But for now, lots of basing out and dip buying.
AMEX:EEMLong
by This_Guhy
2
Emerging Markets Show A Corrective Decline For StocksEmerging markets show a corrective decline for stocks from technical point of view and from Elliott wave perspective. Emerging markets chart with ticker EEM made sharp an impulsive rally at the end of 2022, which indicates for more upside after a corrective a-b-c setback that is actually still in progress since the beginning of 2023. So, for stock market support keep an eye on EEM chart, as they are in positive correlation. With current slow down in the stock market, we can see it finishing wave »c«, but wave »c« has still room down to 61,8% Fibo. and 36-35 support area before market stabilizes.
AMEX:EEMLong
by ew-forecast
$EEM: Long term bottomThe time seems to have come to consider allocating to Emerging Markets here, I am thinking of entering a position today. India and Mexico are set to benefit from decentralization of supply chains, China is about to get stimulus to consumption from govt, and AI is generally a source of growth and higher efficiency for the world going forward (solves the issue with demographics deteriorating). Oil has fallen enough to create a long term tailwind to earnings going forward and demand destruction from it being too high is out of the way (its effects were felt in a recession that took place, combined with CB actions causing further damage.) Now the Fed has to reverse course, as a bonus, and China credit growth is accelerating again (after being negative for a good while) I would secure some gains in healthcare to get an Emerging Markets allocation, I had a big position in the top profitable healthcare names as a defensive bet, but AI changes many long term levers here. I do like the idea of trading healthcare actively though, but Emerging Markets seems like a better proposition now and healthcare names are over extended (like NYSE:LLY , NYSE:TMO , NYSE:WST , etc.) Many valuations are very attractive in Asia currently, and technical setups are getting traction. It's go time. Best of luck! Cheers, Ivan Labrie.
AMEX:EEMLong
by IvanLabrie
1
EMERGING MARKETS 7 year bottom is in. Huge upside potential.The MSCI Emerging Index Fund (EEM) is posting a bottom rebound pattern similar to early 2016 and 2009. All all cases the 1W RSI previously broke below the 30.00 oversold level and rebounded strongly. As you see these bottoms take place approximately every 7 years. This indicates that the Emerging Markets are only at the start of a two year mega rally. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
AMEX:EEMLong
by TradingShot
Head and Shoulders on $EEMThe $EEM daily chart is showing a massive Head and Shoulders formation, with the Neckline set at $38. This could be a sign that the price will soon break to the downside, as Head and Shoulders are usually considered bearish reversal patterns. The market will now be watching for a break below $38 in order to confirm the bearish reversal. If the price does break below $38, traders may want to consider shorting the $EEM as the price could continue to decline.
AMEX:EEMShort
by Umbriel990
$CPA On Breakout WatchlistCopa Holdings is in the Airline and Air Transport business mainly in emerging market areas. I’ve marked up this weekly chart and missed it as a trade in November 2022. It’s now looking like it may be ready to breakout of a 2-year base / area of resistance. See notes on chart for more details. I’ll be ready this time as I set an alarm on the 2-year base area (it triggered yesterday and today but I wanted at least 2 closes over that area before starting a position). Maybe this should be on your watchlist too. Hope it helps. Ideas, not investing / trading advice.
NYSE:CPALong
by jaxdog
Dollar DXY Top happens May-June - Biden Policy CatalystDXY can run a bit higher, based on fib extension and candle patterns, this should find a catalyst to move it back down lower. This Dollar Long Mania is similar to the Gold fake-pump at the beginning of Russia-Ukraine conflict WILMINGTON, Del. - President Joe Biden will draw a contrast between his economic plans and those of Republicans in remarks on Tuesday focused on inflation, a White House official said. BATTERED U.S. STOCKS MAY NOT BE BARGAINS AS INVESTORS BRACE FOR INFLATION DATA Biden, a Democrat who is suffering from low approval poll numbers ahead of the November midterm elections, has sharpened his rhetoric against Republicans in recent weeks, dismissing, for example, former President Donald Trump's "Make America Great Again" MAGA movement as extreme. President Joe Biden will draw a contrast between his economic plans and those of Republicans in remarks on Tuesday focused on inflation, a White House official said. (Getty Images / Getty Images) On Tuesday Biden will lay out his plan to fight inflation and "contrast his approach with Congressional Republicans' ultra-MAGA plan to raise taxes on 75 million American families and threaten to sunset programs like Social Security, Medicare, and Medicaid," the official said. GET FOX BUSINESS ON THE GO BY CLICKING HERE Last week Biden took aim at Republican U.S. Senator Rick Scott's economic plan, saying it would raise taxes on 75 million Americans, most of whom make less than $100,000 a year. Scott, who said he planned to cut taxes, is leading Republican efforts to get Republicans elected to the Senate.
ICEUS:DXYShort
by noam_chom
EWZ Brazil, a commodities proxy is now in Wave 3 of IIIWith the current fear of recession & rising inflation in the US, a lot of funds will be flowing outside into emerging markets, China & also Brazil which is rich in commodities especially now that the dollar seems to be peaking out as foreign markets slowly becomes more attractive to invest in. EWZ may retrace down first to fill the gap at 33.65 green line. A bounce from here will enable a near 20% rally to the 0.618 red zone at 40 to 42.43. 42.43 will be a strong pivot point since it is the intersection of the 0.50 red dotted FIB level of my slanted FIB CHANNEL with 1.272 FIB of the recent wave 2. EWZ is currently in the wave 3 of 3 of a larger wave III. Not trading advice
AMEX:EWZLong
by xtremerider8
EEM emerging Mkt bottomed @39 or fall further to 37 or 36?EEM now near 41, has already fallen more than 30% from Feb2021 top at 57.19. Two weeks ago it fell to 39 the green VWAP from 2016 & bounced with a weekly hammer candle. It is now being rejected by a FIB CHANNEL level near the yellow 41-42 pivot zone. Holding this zone will see more upside maybe up to 44 or 46 before a c-wave down. If 41/42 does not hold, there are only 2 strong supports down: One is at 37, the black VWAP from 2011, which will be another 9% drop from current price. The worst one is at 36 ( the red VWAP from 2009), another 14% drop from here, making the total crash of 38% from ATH. The 37 to 36 zone will be a good place to slowly average down into EEM. Note that the dollar index DXY seems to be topping out near 105, which will be good for emerging markets, gold, silver, commodities & maybe BTC, which are all priced in terms of dollars. Not trading advice
AMEX:EEMLong
by xtremerider8
EEM may retest base of WEDGE since 2007@37; see Buy & Sell zonesEEM Emerging Mkt formed a big Violet wedge since the 2007-2008 crash. It currently gapped down & broke 40, a 0.618 level. If it does not reclaim 40 in the next few days, then It will go down to 37 to retest the lower edge of this wedge. 37 is also a 1.618 retracement of the latest rally. See the 3 zones in the chart. Red is the sell zone. Yellow is the neutral zone & green is the buy zone. The bottom may be near for EEM specially if inflation, the DXY dollar index & TNX the 10-yr yield will peak out soon, pushing equities & risk assets higher. Rise in commodities is also good for EEM countries. Not trading advice
AMEX:EEMLong
by xtremerider8
Long Emerging Markets as the World DeDollarization BloomsAll the empires and dynasties I studied rose and declined in a classic Big Cycle that has clear markers that allow us to see where we are in it. This Big Cycle produces swings between 1) peaceful and prosperous periods of great creativity and productivity that raise living standards a lot and 2) depression, revolution, and war periods when there is a lot of fighting over wealth and power and a lot of destruction of wealth, life, and other things we cherish
AMEX:EEMLong
by noam_chom
2