Near Term Trend: Bearish / Neutral
As of 5/18/18 close: $47.92
UPDATE: Last week, I suggested shorting at $48.78 with stops on a close above $49 and with a $43.43 target.
Euro stocks still have a bit of upside left until my upside target is tested at $48.78. Stick with the plan and shed longs / get short up there.
I would be shorting near $48.78 with stops on a close above $49 and with a downside target of $43.43.