IShares MSCI France Index Fund (EWQ) : Short Sell @ $2145
Regarding technical indicators, the daily RSI is approaching a tentative declining trend line while the 50D moving average (blue line) is turning down increasing downward momentum.
On a relative basis against the IVV S&P500, the iShares MSCI France Index Fund is shaping a rising wedge pattern which calls for a drop.
Short Sell @ $21.45 – Stop loss @ $21.70 – Target @ $19.90
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