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Welcome and thank you for visiting!

The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...

Dots

...If the dots don't connect, gather more dots until they do...or, just follow the $$$...

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Tuesday, April 22, 2014

EEM vs SPX

I'm watching emerging market weakness vs the S&P 500 to see if weakness persists, or whether investors increase their risk appetite and place their bets on emerging market recovery.

If price breaks and holds above the 200 MA shown on the Daily ratio chart below of EEM:SPX, we may finally see a recovery on the horizon. Otherwise, look for extreme weakness if price falls and holds below the 50 MA.


The following 60-day 60-minute comparison chart of the Major Indices vs EEM shows that recent buying in EEM has outpaced the majors...one to watch to see if that risk pattern continues.