Emerging Markets are Vulnerable
Hello All,
This is a break from Crypto and about Global Emerging Markets.
I will keep this simple. Emerging Markets are beginning to show signs of stress due to an increase in the dollar, trade tariffs and rising interest rates. Thus, this fund by Ishares is at risk of long term downside. Symbol EEM
My plan is to short until August 40 puts. I expect a retracement to 36.61. you can read about them with my XRP assessment. I am considering 32 puts for December too-but will wait a bit to confirm the movements.
I am using my selected tools and market knowledge to support my assessment.
This is a break from Crypto and about Global Emerging Markets.
I will keep this simple. Emerging Markets are beginning to show signs of stress due to an increase in the dollar, trade tariffs and rising interest rates. Thus, this fund by Ishares is at risk of long term downside. Symbol EEM
My plan is to short until August 40 puts. I expect a retracement to 36.61. you can read about them with my XRP assessment. I am considering 32 puts for December too-but will wait a bit to confirm the movements.
I am using my selected tools and market knowledge to support my assessment.
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