Currently: Cash Looking to: Buy @ 39.53
As of 1/18/19 close: $41.15
UPDATE: Last week, I suggested shorting IEV at $40.74 with stops on a weekly close > $41 and using a target of $35.75. If stopped, I suggested trying again up at $42.21 with stops > $42.50 and with a target of $36.
European stocks (via IEV) conquered first resistance at $41. The next target is $42.21. Five waves may have been completed, though. A pullback to $39.53 may play out before upside targets are approached.
I would buy dips to $39.53 with stops < $39 and with a target of $42.93.