we close totally our short hedge in EEM 38-39 represents a major support level for EEM (2oo days moving average of weekly prices) and we want to take profit on our hedge at this level You Might Also Like Take profit on Short ESZ8 below 2716 October 23, 2018 a bit contrarian … we buy china here May 25, 2018 Buy STM FP August 31, 2018