I am going to short the following. They closed below Monthly support pivot point.
EEM
JNK
ACWX
I going to enter long positions in the following. It closed above Monthly resistance pivot point.
SLV
Following confirmed bearish trend today
ACWX All world excluding USA, 5 below 13 and 5 below 62 EMA
RSX Russia 13 below 34 SMA
EWH HongKong 13/34 SMA
IYF Fianncials DOW sector 13 below 34 SMA
Following may confirm bearish trend tomorrow
aud/usd
FXA Aud/Usd ETF
IHE Pharma DOW sector
IYG Financial Services DOW sector
ACWX turned bearish and EEM closed below month support today, so I closed my 401-k emerging fund and moved back to stable fund. Looking at eur/usd, eur/jpy, UUP, dxy, I feel, we are close to a rally.
