$PIE The emerging market version of $PDP closed above the 40-week SMA on above average volume.

Major indexes I follow that closed with a positive engulfing wk. $OEX $SPX $BKX $SOX $DJIA $PDP

$PDP My proxy ETF for the IBD 85/85 index closed down .67%. The worst performing index I cover.

$PDP has traded above the August 2011 high at 24.70.

$PDP Like to see the IBD 85/85 proxy ETF close the week aboe the 200-week SMA. Would be the 1st time since Aug.3.

$PDP traded up to the 200-day SMA. Last time it traded at the 200-day SMA was Aug.31. Still not out of the woods yet.

Excluding a handful of stocks it has been relatively quiet 2day. A trade day not a market day. $PDP

The RS line is in new lows before price for the IBD 85/85 Index & and the IBD New America 6 Month Index. $PDP

$PDP Proxy ETF for the IBD 85/85 closed down .33% today. The ETF sold off right after opening. Technically strong stocks continue 2 suffer.

Inside days everywhere. $XBD $DJIA $DJT $NDX $COMPQ $NYA $OSX $SOX $RUT $OEX $SPX $MID $SML $JJC $IYR $IYH $XLE $OIH $EEM $EEM $VIX $PDP

I want to see $PDP close above the 200-day SMA. Aug.3 was the last time. Reflects how stale the leadership ranks have been.

If U R looking to trade the emerging markets look at $PIE. It is the emerging markets version of $PDP. Much better RS than $EEM & EEB.

Yesterday's inside days. Looking for a Trend Day. $COMPQ $XAU $SPX $MID $QQQ $NDX $XHB $ITB $PDP $GDX IBD85/85