EEM – big BUY pattern
note, we finished a very nice BUY pattern on the EEM yesterday. it was nice in both PRICE and TIME.
it ‘held’ in/around 38’s but is plowing into a pretty big daily gap. additionally, the THRUST into this level was pretty significant. any further weakness below the 38’s is significant for EEM.
also, note .841 level is based on the equal octave scale of music. 1/.841 = 1.1892 or D#.
watch this one closely …