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EEM closing above 67 by Friday?
Looking at the current momentum in $EEM, especially with the 1.57% bump today to 66.46, I'm starting to lean towards a retest of the 67 handle. We saw a decent range today from 66.195 to 66.67, and the close is strong. If we get any positive surprises out of the Asian session tonight or early European data, I'd say there's a good 60% chance we see $EEM close above 67 by Friday's bell. The underlying narrative for EM seems to be improving slightly, and that little push could be all it needs. It's not a conviction call, just a lean based on the charts and a bit of sentiment.
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