(NOTE: I composed this post, and did the screen shots, before the marvelous sell-off today; so the points all still hold, but more boldly than before!) I have mentioned the symbol EFA from time to time as a very intriguing long-term short setup. I have March 18th $82 puts on EFA which are presently down 16% in value. With 72 days left until expiration, I am not giving up on EFA (not yet, at least!) in spite of its recent strength. Allow me to offer a few chars to illustrate how overbought this instrument is. I’d also like to mention, as the first chart illustrates, that this is the first time since the start of the Covid crash (10 months ago) that there’s been a bearish exponential moving average cross-under. So………there’s hope!