MSCI Teetering

The MSCI EAFE ETF is teetering on a major trendline failure, threatening a breakdown as international equities drop over 1%.

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Source: DepositPhotos

It’s a good day so far! Let’s keep an eye on EFA, the ETF dedicated to equities outside North America. It’s down over 1%, sure, but the important thing is that it’s on the cusp of a trendline failure.

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Here is the longer-term view. Looking spicy!

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