Currently: Short Looking to: Cover at $39
As of 7/5/19 close: $44.18
LAST WEEK: We suggested getting short near $45.31 with stops above $45.50 and with a target of $34.52.
UPDATE: The European ETF (IEV) may have peaked short-term and could be headed for a dip to $38.37 - $39. We would remain short with existing positions until $39 and would then get long on an extended move down to $38.37 with stops below $38. The upside target on that long trade will be $45.10.