EEM’s Relative Strength Looks Good Against S&P 500

“The iShares MSCI Emerging Markets ETF, continues to look very bullish on a relative basis vs. the S&P 500, as well as on an absolute basis. We think it makes sense to continue to make adjustments towards this asset class,” according to Captain John Charts.

EEM vs. S&P 500

 

 

Chart Courtesy: Captain John Charts