Silver… weekly stops reside below 31.62. A weekly close below this level puts in an ORL pattern which can be price negative. The jobs data Friday will be important for the metals.
EFA…a close below 53.97 puts in an ORL week. 53.45 is my ultimate break down level. Closing below this level should have further downside impact on the Euro & Aussie Currency.
The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the European, Australasian and Far Eastern markets, as measured by the Index. The Index has been developed by MSCI as an equity benchmark for its international stock performance.
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