Posted by chartboy on 24th of Mar 2021 at 05:17 pm
EEM closed on the .236. Any sustained further weakness will add
more pressure to everything as it will be magnetized to the .382.
Alternatively, as the shorter term charts appear to be a
falling wedge, a bounce from this level would be supportive.
Something to keep in the radar either way.
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EEM closed on the .236.
Posted by chartboy on 24th of Mar 2021 at 05:17 pm
EEM closed on the .236. Any sustained further weakness will add more pressure to everything as it will be magnetized to the .382.
Alternatively, as the shorter term charts appear to be a falling wedge, a bounce from this level would be supportive. Something to keep in the radar either way.