Germany Fund Drops Below it 50 DMA

By | December 15, 2014

The Germany iShares (EWG) fund has joined the rest of the major Europe iShare funds and dropped below its 50 day moving average. The graph at the bottom of the chart shows the year-to-date underperformance of the EWG, the strongest of the Europe funds, relative to the S&P 500 index. Hopefully, Europe is not leading because the U.S. markets would have a lot of catching up to do to the downside.

43. EWG charts

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