Emerging Markets ETF (EEM) is trading around its 3-month low. There is some support there from the 100-days SMA, which may give a rebound next week, but the overall technical picture is now negative following a strong rest of the year..
BULLISH: India (CNX-100), China (Shanghai comp.)
BEARISH: Brazil (Bovespa), Russia (RTSI), Turkey (BIST-100)
EEM ETF, daily chart
Chart courtesy of http://www.stockcharts.com
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Petros Steriotis, CFTe, MSTA 