Tuesday, November 12, 2013

Europe ETF Is At A Buying Point

The Europe ETF has been in a good rally since the beginning of July.  Prices are in a "higher high, higher low" bullish pattern.  Currently, prices have fallen back to the trend line connecting the early September and early October lows.  In addition, the numbers coming from the EU have been fairly positive for the last few months, adding more momentum to the chart.