Emerging Markets ETF · Week 7 of Open Buy
SPEM at Week 7: Double Bottom Near 50 Holds, but the Signal Is Fading
Emerging Markets ETF · Week 7 of Open Buy
In Summary
The State Street SPDR Portfolio Emerging Markets ETF is at week 7 of an open buy: risk is already zeroed out, with the stop moved to breakeven on entry. The signal is fading — weak conviction, 133rd of 161 running longs for US stocks — and on the daily chart a double bottom in the 50 area is holding, for now.
Open BUY
·7th week from start
·US stocks
·T1
IQS Phase
63
ordinary
Signal Strength
35
medium · weak
Sizing
REDUCED
Ranking
#133 / 161
US stocks in progress
Trade P&L %
-1.62%
from signal to today
restricted Platinum content