Midday Missive

ETF Traders & Portfolio managers..
HEDJ…Long European Equities with a short Euro hedge.
The Risk is a close back under the 200DMA @ 56.40
DXJ…Long Nikkei with a short Yen hedge.
The risk is a close under 49.50.
They are Long Equity/Long Dollar ETF’s
Both of these ETF’s present a way to participate in the upside of Europe which is 7% off it’s high and Japan which is attempting another Bull run.
EWP & DAX have both reached resistance and their upside closing pivots.
The expectation is that tomorrow will see more stimulative talk from Kuroda and Draghi.
140821_093750_CQG_Integrated_Client_Chart_S_HEDJ_-_WisdomTree_Europe_Hedged_Equity_Fund_Daily
140821_093826_CQG_Integrated_Client_Chart_S_DXJ_-_WisdomTree_Japan_Hedged_Equity_Daily

140821_095126_CQG_Integrated_Client_Chart_DD_-_DAX_Index_Daily_Continuation_(Delayed_by_15_mins) 140821_094828_CQG_Integrated_Client_Chart_S_EWP_-_iShares_MSCI_Spain_Capped_ETF_Daily

140821_095126_CQG_Integrated_Client_Chart_DD_-_DAX_Index_Daily_Continuation_(Delayed_by_15_mins)

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