No short-term sell signal (days/weeks) for EEM.

Short-Term (days/weeks) : higher
EEM was higher last week, like developed equity market indices as Daily OB/OS momentum made a new short-term high.
At the close on Friday, EEM was testing trend resistance from the early 2023 high; Daily OB/OS momentum was moderately overbought.
No short-term sell signal (days/weeks) for EEM. See Daily OB/OS Charts, attached, page 9.
Intermediate-Term (weeks/months): still positive
GEM intermediate breadth and momentum indicators were almost all higher week on-week at the close on Thursday, including Taiwan, Hang Seng, Korea and India Intermediate Term Indicators and Money Flow of the Average Hang Seng, Taiwan and India Stock.
Singapore Intermediate Term Indicator and Money Flow of the Average Singapore Stock fell.
GEM equity indices were also mostly higher week-on-week at the close on Thursday, including MSCI Emerging Markets (EEM), Hang Seng, HSCEI, Taiwan, Korea, Jakarta, Mexico, Turkey, Bovespa and India. Singapore fell and Shanghai, Johannesburg, Philippines and ASX were unchanged.
Hang Seng, India, Korea, Taiwan, HSCEI, Mexico and India all accelerated higher; Turkey and Bovespa were very sharply higher.
See Weekly Charts, attached.
Mostly higher GEM intermediate indicators and equity indices suggests a still-positive intermediate trend (weeks/months) for EEM.
The updated DJIA/NYSE ITI analog model (troughs in the 30% range) points to strength to late July for the DJIA/S&P 500 any meaningful weakness : this looks bullish for GEM equity indices. See analog chart, page 2.
Key take-away: the intermediate outlook for GEM equities (weeks/months) remains positive.