Vince Stanzione touched on the possible opportunity’s that emerging markets can offer a trader at his last seminar. Although I have never indulged I have always followed the news [for what it’s worth] and kept watching from a safe distance.
As you know from my trades I’m Bullish on shares at the moment but also hold a few good sell positions. I do this as to not have all my eggs in the one basket.
If you were doing the same and you fancied some of these new markets you could be making a killing selling whilst your Long positions happily tick along.
Beneath is the overall % that some of these emerging markets are down this year to date. As you can see some are down over 30%.
For me personally I find them to volatile so have just observed but this chart below is interesting and I may have a punt on it; as you can see erratic sideways movements over 2013 but now a clear sell signal has been given, and there seems to be no good news for the Indian Stock Market any ware so keep an eye on this.