Currently: Long Looking to: Sell @ $39.10
As of 5/22/20 close: $37.42
LAST WEEK: We suggested selling longs / getting short at $38.55 with stops on a close above $41 and with a
target for covering at $31.
UPDATE: The European ETF (IEV) didnt do much in either direction this week. No changes to our stance overall.
However, were tweaking the levels at which actions are to be taken.
Look to hold longs until $39.10. Look to short IEV at $40.11 with stops on a close above that level and look to cover down at $31.