Currently: Cash Looking to: Buy @ $47.30
As of 1/22/21 close: $49.19
LAST WEEK: We suggested buying IEV or other European stock proxies on a dip in IEV to $46.33 with a target of $61.65 and with stops on a close below $45.20.
UPDATE: The European ETF (IEV) traded basically flat for the week last week and still appears like it needs to correct down to $46.50 - $47.30 before commencing the next big up move.
We would look to buy IEV or other European equity proxies on a dip to $47.30 with stops below $46.25 and with an upside target of $50.30.