Currently: Cash Looking to: Buy @ $41.70
As of 11/2/18 close: $42.25
UPDATE: Last week, I suggested holding longs and looking to take profits at $42.23. I suggested shorting at $43.11 with stops > $43.60 and with a $40.50 tgt.
European equity longs should have been sold when $42.23 was hit last week. The short-selling trigger has not yet been hit, though. I would be patient on this one.
Try buying dips in European stocks when IEV hits $41.70. Then, look to sell and get short when IEV hits $43.60. Honor stops above $43.65 and try to cover down at $40.50.