Near Term Trend: Bullish
As of 10/6/17 close: 46.75
UPDATE: Last week, I suggested holding longs until $47.64 and flipping and going short there. Close out shorts above $48 with a target of $42.53.
Fairly flat week for European stocks. Still, though, the chart is very bullish. Dips to $46 can be bought if you wish to pursue the next 4% run up to $47.64.
Buy dips to $46 ahead of remaining rally up to $47.64. Short up there with stops on a close above $48 and with a downside target of $42.53.