Outside North America
On Friday, the EFA came within six pennies of tagging its important resistance line (which is the dashed red horizontal).
(Click on image to enlarge)
At the same time, the IEFA (which is a broader amalgamation of equities outside North America) has a picture-perfect “face-off”, very similar to what we’ve seen in the All World Index.
(Click on image to enlarge)
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