Near Term Trend: Bullish
Fridays Close: 45.47 (+ 1.31%)
UPDATE:
The iShares Europe ETF (IEV) continued to move higher this week as expected. Im seeing an upside target for this move of 46.24. I continue to look for a pullback after testing 46.24. Targets for that pullback are either 44.02 or 44.67.
I would be looking to sell / get short at 46.24 with stops on closes above 46.30 and would use 44.02 as a downside target to cover shorts. I would ideally get long of IEV at 44.67.