Emerging Markets Breakout?

The US-China trade negotiations are entering the final stage, and it appears that the trade deal will be reached. If in fact, the trade deal in announced, and it removes the barriers to global growth, emerging market stocks will be the primary beneficiary. Emerging Markets ETF (EEM) has been anticipating the positive outcome of the trade deal negotiations, and it’s breaking out of an important range, which possibly indicates the new trend to the upside.

EEM_Barchart_Interactive_Chart_04_03_2019

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