IEMG, second week of a sell signal
IEMG closes flat (+0.1%): sellers regain control into the close
IEMG, second week of a sell signal
Our view last week
In this week's IEMG technical analysis, the emerging markets ETF drops 5.3%, reversing last week's bounce and confirming the bearish MACD cross that was already forming. A fresh Sell signal has just kicked in, 9th of 140 among the US sell signals, with signal strength at 100 out of 100: the decline is starting out already making lower lows. Underneath, though, a few cracks show in the push - sellers still dominate but are fading - and the confirmation week is still open.
This week's summary
The double bottom carved out in the 76 area has held up IEMG, the emerging-markets ETF, with an intermediate 5% rebound. In this week's IEMG technical analysis price closes flat, +0.1%, but sellers take clear control into the close and buyer dominance collapses. The sell signal is in its second week, with the confirmation week still open: signal strength reads an isolated weekly drop, not a decline in full swing.
IQS Phase
74
in tension
Signal Strength
42
isolated weekly drop
Sizing
REDUCED
Ranking
#61 / 141
US stocks sell signals
Trade P&L %
-0.09%
from signal to today
Rank position
ranks 61st among the 141 sell signals for US stocks in our ranking, with a signal strength of 42 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
IEMG belongs to the etf broad sector (reference ETF ).
restricted Platinum content