Currently: Short Looking to: Cover @ $31.10
As of 7/3/20 close: $41.11
LAST WEEK: We suggested shorting IEV at $40.74 with stops on a close above $41.69 and with a target of $31.10.
UPDATE: The European ETF (IEV) bounced up to the sell trigger at $40.74 and is just below the stop-loss trigger of $41.69 for shorts.
If youre short, stay short unless $41.69 is violated on a closing basis on the upside. If youre looking to short, do so at current levels up to $41.69 with the same stops and with a target of $31.10.