This rally in #Emerging Markets should be shorted on 5% Bounce

EEM VWO IEMG SCHE EUM These custom support resistance indicator lines show decent places to enter or exit.

The Blue indicator line serves as a Bullish Trend setter.
If your instrument closes above the Blue line, we think about going Long.

If your instrument closes below the Red line, we think about Shorting.

For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts).

Find out more. Send Private Mail (PM) to mastercharts