EEM Bearish Engulfment

As you know I've been bullish on EEM because of its relative strength. Today EEM formed a bearish engulfment on an increase in volume at the top of a rally. I am NOT looking to short EEM, I am merely suggesting if you are long this ETF, you might want to tighten up or raise your trailing stop to lock in profits. Today's bearish engulfment is something to take note of and that's the purpose of this post.