The iShares MSCI Emerging Markets ETF (EEM) is having a good day today. Looking back, the ETF had a slight divergence in the RSI and Ultimate Osc. indicators. Now it will be interesting to see if it can get back its most recent high of $38.41 and from there fill the gap that took place earlier this month.
Disclaimer: Do not construe anything written in this post or this blog in its entirety as a recommendation, research, or an offer to buy or sell any securities. Everything in this post is meant for educational and entertainment purposes only. I or my affiliates may hold positions in securities mentioned in the blog. Please see my Disclosure page for full disclaimer.
