Trend trading: Europe stock market underperforming

The Europe 350 ETF (IEV), Long although beginning to deteriorate, has started to underperform the S&P 500 Index ETF (SPY). Looking at a relative strength indication of the 50 day moving average and the 200 day moving average, the 50 crossed below the 200 day back in early March. .. as indicated on the stockchart below.

Europe 350 ETF (IEV) vs, S&P 500 Index ETF (SPY)

Published by Trendanomics

Trend trading analysis of the markets with simple trend trading strategies.

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