The day after

EEM and most of the foreign index ETF's are bouncing off their 200 EMA. Now it's going to be like a pinball game, the 3 red lines I put on the above daily chart are areas of resistance and prices should bounce down from them. The trend on the daily chart has turned bearish, so the plan is to short at any areas of resistance from here.

DIA like the other index ETF's held on for an up day. I still think the daily 200 EMA is the target on the downside. I still have a short position in DIA, and am trailing my stop with the plan of covering at the 200 EMA.