EM In Context of History - InvestingChannel

EM In Context of History

The MSCI EM Equity Index closed Friday at 789 after running out of gas at the important 800 level but effectively just off 6 yr lows.

Emerging Markets Straight AheadNote in the chart that goes back the last decade where EM has found major support: 760. This is also the level from which the index has forged two important rallies, in Fall ’06 and in the Summer of ’09.

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