Emerging Still Submerging

2022.04.22 11:51

The emerging markets fund ETF (NYSE:EEM) has been in its own, and virtually uninterrupted bear market, since it peaked Feb. 16, 2021 (incredibly, more than 14 months ago; were only we so lucky in the US to have stocks come to their senses like this!) It’s been an amazing progression, particularly given its relationship with its now-broken channel as well as its Fibonacci Retracements.

EEM Chart

Here’s the entire history of EEM:

EEM Chart

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