ETF CORNER

EEM : Time for some EEV ???

Looking at the long term picture of EEM(Emerging Markets) .. this "could" be one possible entry point for EEV(Ultra short Emerging Markets).

EEM : Back by public demand !

First of all I'd like to thank you for the numerous "Thank you" emails  I have recieved following the post on the "ETF REQUESTS" last Friday , i really appreciate! The majority have asked for EEM (Emerging Markets) and EEV (Double short Emerging Markets) ! It seems that most of you are eager to short Emerging markets .. and I don't blame you at all ! As I have said .. I was going to post in priority what most of you wish to see ! Here is a long term chart of EEM with two most likely scenarios, purple and green ! For the green scenario you should already be positionned in EEV ! For the purple scenario .. you must wait for another rally to $43 before loading up with EEV ! I give both scenario a 50% chance with a tiny preference for purple since it matches with the long term blue resistance line ! Good luck all !

EEM : Emerging markets !

My long term call regarding EEM (Emerging Markets ETF) is the following :$28 will be reached before $56 ! EEV (Double short Emerging markets) is available for those who think that in the next six months EEM will fall back to $28. EEM has still room on the upside until $42.

EEM : Have emerging markets topped for 2009?

EEM (Emerging markets) have retraced 50% of the whole bear market drop ! This fibonacci retracement was quite significant in the past , as it proved to be an important resistance level in 2006 (A), a major support level in 2007 (B). Is it now an important resistance level for 2009 (C)? "Unless" EEM breaks above $37 in the short term, there is a high likelyhood that it will fall in the longer term towards the .236 fib level @ $27 ! The downside potential is remarkable (red area) ! The double short of EEM is EEV ! Note also that (A) and (C) look respectively like a left and right shoulder of a massive head and shoulder top.

EEM: Emerging Markets