Nothing but negatives for EEM
Out of all major ETFs, about the worst streak of losses is EEM, the iShares MSCI Emerging Markets fund. It's on track for its 6th consecutive losing session.
There are some headwinds for the fund, for sure, especially a resurgent dollar. About the best that bulls can hope for is that extended streaks of uninterrupted declines are a pretty good tip-off to deeply negative sentiment. When there has been no letup for more than a week, EEM has snapped back over the next three months after 14 out of 16 previous signals.