EEMEmerging markets have been under pressure right from June 2021
hopefully by Dec 2022 mean of the channel may give bounce.
EEM trade ideas
Nifty Relative to other markets - 6M ViewFellow bountyhunters,
We can observe the relative returns of Nifty to other markets in the last 6 months. Observe and make your own inference. This is just to show where Nifty stands relative to other markets and momentum.
IEV- European Maretks ETF
EEM -Emerging markets ETF
EFA-Developed markets minus North America
EEMA-Emerging markets Asia
Emerging markets and DollarWe seen some negative correlation between Dollar Index and Emerging Markets Index (EEM). Currently, the dollar index has broken a significant upword sloping trendline and is retesting the same from below. If this trendline now becomes a resistance, the we may witness further fall of Dollar and a bullish really in EEMs.
MSCI EM - EM index trading channel from Mid march onwardsEM index at top end of recent trading range. No trade - can go either ways
