Currently: Cash Looking to: Buy @ $43.67
As of 11/20/20 close: $45.97
LAST WEEK: We suggested buying dips in IEV to $43.16 with stops honored on a close below $42.40 and with a target of $52.59.
UPDATE: The European ETF (IEV) remains bullish and the challenge remains finding good entry points on pullbacks ahead of the remaining projected upside playing out. Right now, we see decent entry points at $43.67 or $42.90.
We would look to buy dips in IEV or other European equity proxies on dips in price to $43.67 with stops on a close below $42.66 and with an upside target of $53.