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CCby u/chart_chai_th·18hAnalysis

$EEM - Watching the 66.15 area closely

Been looking at $EEM this morning, specifically around the 66.15 level. It popped above it earlier, hit 66.14, and has since consolidated a bit. If we can hold above that 66.15 mark on any retests, I'd consider that a pretty good sign of sustained short-term strength, potentially opening up a move towards the 67-68 range. The risk, of course, is a rejection from this level, a solid move back below 66, which would indicate this breakout was likely a false dawn and could see us drift back towards the 65.50s.

1 comments · 2 points

1 Comments

HCu/hana.chen·18h

I'm seeing similar price action. Curious if you're watching any specific volume metrics at 66.15 to confirm that strength?

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