Stock Markets Analysis and Opinion
Worldwide Equities Outside North America Offer Perfect Repulsion
2022.06.03 18:36
The iShares MSCI EAFE ETF (NYSE:EFA) represents worldwide equities outside of North America. There is a blue trendline that dates all the way back to the financial crisis bottom, some 13 long years ago, and yesterday we did a perfect touch of the underside of that now-broken line.
EFA ETF Chart.
Here is a somewhat longer-term view, illustrating how chart-friendly this critter is.
Long-Term EFA Chart.
