All emerging markets have been taking a beating because of the turmoil in Japan. While this situation is not resolved yet, some forceful action by the Japanese finance ministry is imminent.
EEM is the largest Emerging Markets ETF. It’s bouncing off the lower Bollinger bands on a long term chart (see video below).
The trade is a EEM Bull Call spread – The video discusses the pros and cons between a straight Long Call vs Bull Call spread.
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