Currently: Cash Looking to: Short @ $40.11
As of 5/29/20 close: $39.28
LAST WEEK: We suggested selling longs at $39.10 and shorting at $40.11 with stops on a close above that
level and with a target for covering at $31.
UPDATE: The European ETF (IEV) hit our target for selling longs at $39.10 and almost made it up to our short-sale target at $40.11. We are sticking with our call to short at $40.11 this
week with an acknowledgement of the fact that a break and close above that level would open the door to much more
upside. Just honor stops if they are triggered.