Currently: Short Looking to: Cover at $40.28
As of 2/8/19 close: $41.28
UPDATE: Last week, I suggested shorting at current levels and covering / getting long at $40.28 with stops below $39.25 and with a target of $43.25.
The European ETF (IEV) started pulling back as expected and should continue to do so in the short-term.
Look to hold shorts in IEV or European equity proxies until IEV tests $40.55. Cover and get long there with stops on longs below $39.25 and look to hold longs until $43.25 is tested again.