$EEM Some near term risk, great long-term R:R (5/5)
recently bouncing off of potential trendline support.
RSI is also at very attractive levels.
HOWEVER, be aware that dark blue line support has historically been more enduring. Which would be the buy point should we enter recession in the very near future.
Nonetheless, a good place to start adding long-term positions. Also, relative performance to US and relative value to US is very promising for the long-term as well.
RSI is also at very attractive levels.
HOWEVER, be aware that dark blue line support has historically been more enduring. Which would be the buy point should we enter recession in the very near future.
Nonetheless, a good place to start adding long-term positions. Also, relative performance to US and relative value to US is very promising for the long-term as well.
