Traders should decide if this is a signal
EEM, SiMSCI, Hang Seng and China A50 have shown time and again a high level of correlation. Traders must decide whether they have topped, possibly resuming December – February bearish trend.
EEM is based on the very significant MSCI Emerging Markets Index which has 837 constituent stocks from 23 countries.
Overlay of EEM, HSI, SiMSCI and China A50 | Source: Investing.com
Recent stock index analyses:
- Straits Times Index
- Nasdaq and broader US context
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Soh Tiong Hum is Director of TerraSeeds Market Technician Pte Ltd. TerraSeeds is a trading educator in Singapore since 2005.
Soh's Twitter account @sohtionghum
was ranked #23 out of The Top 70 Twitter Accounts To Follow In 2015
"I do not have a financial advisor's license. I am not qualified by any regulator to give financial advice. I do not know you the reader. Your investment means and motive may be different from me. My posts here are based on observations and meant for education. I am not responsible for for any consequence from your actions."