Currently: Cash Looking to: Short @ $36.95
As of 3/27/20 close: $34.67
LAST WEEK: We suggested selling / shorting at $34.40 with stops on a close above $36 and with a target of $30.20.
UPDATE: The European ETF (IEV) rallied further than expected this week and may end up reaching even higher levels before heading back down to recent lows near $30. We would sell / short IEV or other proxies for Euro stocks on a bounce to $36.95 with stops on a daily close above $38.35 and with a downside target for covering at $30.20.