Currently: Cash Looking to: Short @ $42.50
As of 8/9/19 close: $42.00
LAST WEEK: We suggested trying longs at $41.85 with stops below $41.80 and with a target of $45.
UPDATE: The European ETF (IEV) broke and closed below support and now appears to be headed to either $38 - $38.33 or $31.80 - $32.
We would be shorting rallies to $42.50 with stops on a close above $43.25 and with a downside target of $32.