AMEX:VEU   VANGUARD INTL EQUITY INDEX FUND INC FTSE ALL-WORLD EX-US ETF
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This Vanguard ETF tracks the performance of world indexes (excluding US).
It is not hard to see that it has been ranging for 3.9 years since 2010, which indeed is true for almost all indexes.
If the narrow uptrend channel fails to hold, majority of the market (ex-US) will have a correction.

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