Currently: Short Looking to: Cover @ $35.75
As of 1/11/19 close: $40.50
UPDATE: Last week, I suggested selling longs and get short at $39.73 up to $40.31. I suggested honoring stops on a monthly close above $40.40 with a target of $34.65.
European stocks rallied along with their US counterparts for another week after setting a short-term low near $38 a few weeks ago. Resistance looms just ahead.
Short IEV at $40.74 with stops on a weekly close > $41 and with a tgt of $35.75. If stopped, try again at $42.21 with stops > $42.50 (weekly) and with a tgt of $36.