Emerging Markets – Monthly Analysis – No illusion= $EEM
$EEM is down 26% after our call in April and counting. I heard some renowned analysts expect a rally to an ATH. I’d like to wish them a lot of luck!
This study discusses the recent events from the perspectives of technical analysis, evaluates candle structures on multiple time frames, and outlines the mid and long term targets using the Elliott Wave and Fibonacci theories.
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