iShares MSCI Emerging Markets Index Fund/United States (NYSE:EEM) crossed under its 10-day moving average of $43.37 on a volume of 20.4 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

iShares MSCI Emerging Markets Index Fund/United States share prices have moved between a 52-week high of $44.91 and a 52-week low of $36.48 and are now trading 18% above that low price at $43.13 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

SmarTrend recommended that subscribers consider buying shares of iShares MSCI Emerging Markets Index Fund/United States on December 5th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $42.39. Since that recommendation, shares of iShares MSCI Emerging Markets Index Fund/United States have risen 3.3%. We continue to monitor EEM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.