Here’s an interesting one – – EEM – – whose lifetime high was way back on February 16, 2021, at 56.38. Well, we’re just a tiny bit below that now, on the heels of all the life-is-great-for-everyone optimism.
This also coincides with prices mashed up against the top of their wedge. I have just shorted a large quantity of EEM with a tight stop (56.40). Let’s see if it survives the tumult of the day.
