In early going this morning SMH is on a tear but Volume BUZZ is muted throughout and the NYAD is clearly downslope so it’s anybody’s game at this point. TLT, GDX and VIX are all up…a bit of a conundrum but trading the VIX is always . ..well . . .amusing. EEM has been the Lazy Man’s weak sister for over 6 months and when this baby does turn it should be a sweet ride. EEM is currently showing signs of life lately and if it can breakout from May resistance there’s a few points to be made.
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