Emerging Markets ETF Bearish Engulfing Candle

By | August 23, 2016

The iShares Emerging Markets (EEM) ETF has been pulling back off its recent highs over the last several sessions, but today formed an ominous bearish engulfing candle. Watch the uptrend line drawn off the lows of the last month, a break below it could see a pullback to the $35.00 area.

100014894.EEMchart

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