April 1, 2014- If you’re making money, you should say thank you to EEM Rotation

In the past couple of days, what’s more important is not what’s happening in the Philippines but what’s happening in the macro.

$EDC – 3X Emerging Market bull is challenging a strong resistance.  When that’s broken?  Money will come flowing in some more.

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But $EEM, $EWZ,$FXI – Emerging Markets, Brazil, China – all these have already shown the path is upwards. 

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– so you think 6500 is a difficult resistance? – wait till those resistances break. 🙂

Of course, until it breaks we will just consolidate.

 

– Faceless Trader

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