One of the few broad charts that has been in a clear downtrend is {{505|emerging markets}}. Every attempt to artificially prop it higher has been smacked across the skull with a sledgehammer and even Wednesday’s ill-fated attempt to fake out the public has yielded nothing more than an island reversal pattern. If only everything else could look like this. Seeing the NASDAQ wiped out over the next five years would sure put a smile on my sour face.
