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MSCI EAF Breakdown

This is a syndicated repost published with the permission of Slope of Hope. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

The only ETF I am short now is symbol EFA with a stop at 62.62; here is the recent price action, with some detail showing the trendline break and price gap:

As a side note, the SPY has managed to (barely!) stay beneath its important island price gap.

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