Currently: Cash Looking to: Buy @ $43.97
As of 11/27/20 close: $46.83
LAST WEEK: We suggested buying dips in IEV or European stock proxies on dips in IEV to $43.67 with stops below $42.66 and with an upside target of $53.
UPDATE: The European ETF (IEV) continues its bullish ways and still appears to have plenty of upside left before this macro bull run is over.
We would look to buy dips in IEV or other European stock proxies if and when IEV dips to $43.97 with stops honored on a close below $43 and with an upside target for selling longs at $53.