Trend Trading: Emerging Markets ETF relative to The S&P 500 Index ETF

Using a relative strength indicator over a 200 day average, the Emerging Markets ETF (EEM) $EEM is outperforming The S&P 500 Index ETF (SPY) $SPY by 10%. The crossover from below to above trend was on October 19th and a channel breakout on November 4th.

Comments welcome.

Stockchart below:

Emerging Market ETF (EEM)

Published by Trendanomics

Trend trading analysis of the markets with simple trend trading strategies.

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