Emerging Markets Are Breaking Out After 15 Years of Dead Money iShares MSCI Emerging Markets ETFBATS:EEMbrian7683EEM may have just triggered one of the biggest macro breakouts in years. After spending more than a decade trapped inside a massive range, Emerging Markets are now pushing above long-term resistance levels that rejected price in: 2007 2018 2021 And this time looks different π What stands out: π Strong breakout momentum π₯ RSI expanding into bullish territory π MACD turning sharply higher π Multi-year compression resolving upward If this breakout confirms, Emerging Markets could be entering a completely new leadership phase after massively underperforming U.S. equities for years. π― Key level above: $80 Thatβs the major macro resistance zone from the 2007 peak.