Currently: Cash Looking to: Buy @ $45.09
As of 2/19/21 close: $49.66
LAST WEEK: We suggested buying IEV at $45.72 with stops on a close below $45.25 and with a profit-taking target at $51.
UPDATE: The European ETF (IEV) finished modestly higher last week after spiking way higher early in the week. We still would be looking to buy dips in IEV and other European index proxies rather than chasing things higher.
The first level at which new longs should be started is $45.09. Honor stops on a close below $45.00 and look to take profits up at $51.