To The Moon

EEM has been a favorite short from the summer at the 52 zone and more recently at 46.50. Rising wedge support break stands out that sheds light on China/HK direction. EEM has been a favorite short from the summer at the 52 zone and more recently at 46.50. Rising wedge support break stands out that sheds light on China/HK direction. Buy volumes are lacking on this rise that formed a choppy wedge and an underlying weak signal (bearish). 43/42.40 support targeted. Downgrade on MACD support break. Clarity on bearish EEM break of wedge support and the dollar getting a lift in EM. USD/MXN macro trade theme off of long term base line support. By Thomas Schroeder - https://www.smartkarma.com/profiles/thomas-schroeder?utm_source=tiger_community On iShares MSCI Emerging Markets (EEM US) - https://ww