A Global Equities Caution Light?
February 9, 2011  Analysis from Chris Kimble 

Technical analyst Chris Kimble called my attention to an indicator he charts by dividing the iShares Emerging Markets Index (EEM) by the iShares MSCI EAFE Index (EFA), which is a surrogate for developed markets excluding the U.S. and Canada. The indicator is flashing a warning signal. See Chris's annotations on the chart below.

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For the most up-to-date Kimble analysis, check out Chris's blog: Kimble Charting Solutions.