Near Term Trend: Bullish / Neutral
Fridays Close: 45.28 (0.00%)
UPDATE: Last week, I recommended shorting European stocks if IEV bounced to $44.90 and then looking to buy at $42.60.
European stocks bounced as expected last week and rallied up to the $44.90 level. So, shorts should have been started.
Hold on for the move down to $42.65. If not yet short, get short and look to cover down at $42.65. Honor stops on a daily close above $45.43.