The large number of distribution days, bifurcated action on behalf of leading stocks, institutional money selling rallies intraday, and repeated signals from the Hindenburg Omen have pushed the model into a sell signal. The markets are forward looking so could be telegraphing the eventual tapering of quantitative easing.
EUM - ETF seeking performance corresponding to the inverse of the MSCI Emerging Markets Index. Emerging markets have been lagging the rest of the world.
EEV - ETF seeking performance corresponding to twice the inverse of the MSCI Emerging Markets Index. Emerging markets have been lagging the rest of the world.
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