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 Buy upside convexity on Brazil June 18, 2018 Buy world cup names (adidas, ABinbev, Carlsberg, Yandex …) June 10, 2018 Buy wti Oil (and stopped) November 13, 2018