Europe iShares

By | August 6, 2014

The major Europe iShares continue to be a drag on the U.U. markets. We have been highlighting this chart for sometime, and it shows the multiple breakdowns of trend line support and key moving averages along the way. Yesterday, the Germany fund made a new low for the year, and with news out today it does look likely to recapture that level. Italy is in a triple dip recession, and, in general, all is not right with the world.
This said the U.S. markets are a haven in times of economic or political distress and our bond market and currency have strong individual charts. We’ll take a look at those in a follow-up post later today.

05. Europe  charts

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