Menta, $FM broke down (first), $EM (followed) broke horizontal...

  1. 8,232 Posts.
    Menta,
    $FM  broke down (first), $EM (followed) broke horizontal support and established new support below long-term average.

    $ACWI as a the last (man standing) benchmark for equity market performance - is at critical support.

    In case that I wasn't clear about TA:
    $FM = Frontier Markets ETF
    $EM = Emerging Markets ETF
    $ACWI = MSCI All Country World Index ETF
    long term average = 200 day/40 week average.

    Keep one of your eyes on those things.
    Keep the other eye on the war on trade - tariff announcements and long term bonds.   
    Still long USD v almost everything.
    NASDAQ - the 5th touch.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.