**Spread Trade***
An opportunity to initiate a pairs trade by buying FXI and selling EEM. Spread between both etfs grew substantially (over two sigma), spread should start narrowing make sure you execute trade using ratio of both prices.
For instance, you could go long fxi 26 units and short EEM 20 units (capital 2000usd)
Chart symbol of spread —> input the...
1. Broke series of key support levels
2. Volume biased towards sellers
3. signs of weakness on long term trend
4. no target has been setup
5. S/L @ 81.81
