Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Thursday, December 31, 2015

EEM Resumes its 7-Year Downhill Channel

Although EEM had a major rally two years after the great recession, since then it has continued to descend inside of its seven year green downhill channel.

It is currently sitting on the lower line of that channel as it was a couple of months ago but it could be beginning to slide lower on the line.

Trade well my friends


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