Near Term Trend: Bullish, at / above resistance
As of 9/15/17 close: 46.47 (+ 0.04%)
UPDATE: Last week, I suggested shorting European stocks immediately with a downside target of $44.07 and stops on a close above 46.20 on a monthly close.
Its evident that IEV will head higher and that theres no assurances of a graceful exit from the short trade. Need to cover and live to fight another day.
Cover shorts now. Consider trying again up at 47.64 or 50.01. Aspiring longs should try buying dips to 44.01 with a target of 47.64 or 50 if willing to hold.