Near Term Trend: Bullish
As of 12/8/17 close: $46.91
UPDATE: Last week, I suggested selling longs and getting short at $47.64 and looking to cover down at $44.32.
European stocks were slightly higher overall for the week after dipping Monday and Tuesday and then rallying back up into the weekend. Still no test of my upside target but that is still very much a possibility.
Sell longs and get short at $47.64. Target $44.32 and stop out above $48.