Nifty-50 (18/3)
India’s Nifty-50 still above its multi-year ascending triangle. Nice rebound off the uptrend line during the latest corrective move. source: investing.com
India’s Nifty-50 still above its multi-year ascending triangle. Nice rebound off the uptrend line during the latest corrective move. source: investing.com
Nifty-50 downside risk before it goes to what I consider a better entry level. source: investing.com
Click the following link to read my article on INVESTING.com: http://www.investing.com/analysis/eem-outlook:-market-reversal-ahead-231013 Content provided to and re-published from http://www.INVESTING.com Please read the Disclaimer!
The Emerging Markets ETF (EEM) had a second upweek in a row after a long time, getting above its 200-day MA again, which is very positive. A close above 43,50 may signal the start of the market reversal. EEM ETF, daily chart Chart courtesy of http://www.stockcharts.com Among individual emerging market indices, China’s Shanghai Composite and […]
Click the following link to read my article on INVESTING.com: http://www.investing.com/analysis/emerging-markets-outlook:-terrible-technical-picture-230235 Content provided to and re-published from http://www.INVESTING.com Please read the Disclaimer!
The Emerging Markets ETF (EEM) rebounded from recent 6-month lows @ 40, but is still trading way below its 200-day MA, which indicates the terrible technical picture. EEM ETF, daily chart Chart courtesy of http://www.stockcharts.com Russia and Brazil have been hit the hardest lately. Russia RTSI Index, daily chart: Brazil BOVESPA Index, daily chart: Charts […]