How is IEMG doing right now?
In plain terms: IEMG is 2.5% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
Right now IEMG — iShares Core MSCI Emerging Markets ETF — is in a shallow pullback, down 2.5% from its record high. Last price: $83.15. A move of this size is statistically unremarkable. It's the kind of pullback that bounces fast or extends into a deeper correction; the next leg is what matters.
