VWO has not closed above $45 since January. The ETF’s 52-week high is in the $45.50 area.
“With VWO recently moving above it 200d-SMA($41.11),it appears to be developing longer term strength to the current move. Short term it is above key short term averages and just recently saw Its MACD cross above signal, which is positive,” said Chojnacki.
Vanguard FTSE Emerging Markets ETF
