iShares MSCI Emerging Market ETF (EEM): Going to rebound from the support?

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iShares MSCI Emerging Market ETF (EEM) is currently testing the 200D SMA support and also the uptrend support line. This support also coincides with 61.8% Fibonacci Retracement Level. Will EEM rebound from the support?

eem-nov-20-2016

What is EEM?

The iShares MSCI Emerging Markets ETF seeks to track the investment results of an index composed of large- and mid-capitalization emerging market equities.

EEM Porfolio

eem-top-10

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