Currently: Cash Looking to: Buy @ 200-day MA
As of 4/12/19 close: $44.72
LAST WEEK: We suggested shorting at $44.58 with stops on a weekly close above $44.65 and with a downside target of $42.60.
UPDATE: The European ETF (IEV) is continuing with its recent strength enough so that it conquered short-term projected resistance at $44.65. Now, it looks like there are two possible ceilings at $44.84 and $45.90. We would try buying down at the 200-day moving average with stops on a close below $42.75 and with a target of $45.90. No more shorting until at least $45.90.