IEV Europe broke down from 50, a previous top several times. If it will not reclaim 50 next week, it may go down again to retest the previous breakout from a BIG 2007 triangle at around 45, which is also the FIBO 0.382 level. If 45 will not hold, then the FIBO 0.618 at around 40 will be the ultimate low. Not trading advice