Emerging Bounce?

A big risk for the bears right now is the prospect of the emerging markets bouncing off their major Fibonacci Retracement levels.

I’d say a big risk for the bears right now is the prospect of the emerging markets bouncing off their major Fibonacci Retracement levels. I don’t WANT this to happen, but I’m guessing the market doesn’t care.

EEM

(Click on image to enlarge)

EFA

(Click on image to enlarge)

STOCKS IN THIS ARTICLE

Comments