View: ewp.ewg


This chart should be intact for another European 'me too' QE trade. This along with nominal technical pullback support on STOXX/HEDJ and a topping Euro. A still constructive EWP (unhedged Spain) vs. EWG (unhedged Deutchland) would indicate speculative impulse still alive and well at such time. First, Europe needs to finish correction, Euro complete its counter trend rally.


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