Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 6/18/2013, 1 day ago, when the stock price was 42.0600. Since then IEV has fallen by -1.78%.
Market Outlook
The market color is grayish with some black dots but we hope that it will change to white. On the positive side, the signal is suggesting to STAY LONG, and yet the stop loss is not triggered. Although these were not the expected results, we still recommend that you STAY LONG and assume a more cautious attitude.