EMs Approaching Long-Term Resistance, What Next?

2017-05-14 · by · in Analogs, China, Cycles, Emerging Markets, Equities, Indices, MXEF, Technical Analysis

The MSCI EM Index (MXEF) is approaching historical resistance dating back to its 2007 highs on a monthly closing basis below. On a weekly closing basis the set-up is similar, though the index has some remaining upside left. In the…

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