World markets bottomed on Spetember 2022 and during the recovery, European stocks AMEX:FEZ outperformed US stocks TVC:DJI for 9 months
Nos, for the last 3 months, US stocks are back in the leadership as the DJI/FEZ ratio broke its downtrend back in April; just weeks before the AMEX:FEZ broke its trendline
That is why relative strength is so important,...
FEZ bounced right off the volume shelf where the POC is as well. It looks like it's going to have another V-shaped recovery after selling off heavily. Its RSI is oversold, and MACD looks like it could be beginning to turn around.
Overall the weekly chart looks good. It may be smart to wait for FEZ to crack $40.50 or $41 on high volume for extra confirmation....
I find AMEX:FEZ has been fairly accurate with the cycle analysis. You can see this tracing back on the chart over weeks and it sits almost perfectly with each dip (i've marked major ones in a yellow circle on the cycle).
Feeling very good about FEZ also because the ETF crossed a major resistance which was the Big Red Line.
Big Red line: Dec 07 all time high....
One of the most obvious - yet most overlooked relationships.
Foreign Stock ETFs priced in USD and their relationship to fluctuations in the currency market.
This chart depicts the Euro Stoxx 50 Index ETF (FEZ) which is priced in USD (blue line) and the level of out-performance during bear markets in the US Dollar.
A strong US Dollar will eat away at returns in...
Looking for a breakout around 43.70 which is long term resistance level and .50 retracement of 2007 highs.
Thereafter, profit target around 48.00 - the next resistance level.
With the May 7 French election this Sunday the IV rank on FEZ today was decent at 46%. A 36/39/42 iron fly on June 16 expiry brought in $155 credit and $145 max loss. Breakevens at 37.45 and 40.55. By Monday morning I expect the IV to deflate quickly. After the first election round the IV in FEZ deflated 10 points when markets opened the next day. I'll...
We have the French election coming up and other than my trades on FXE I didn't have much on play for that.
The IV Rank on FEZ is pretty high at 77 and I am selling the strangle with 30 days to go. After the first part of the election we might get a decent volatility. I am betting that Euro companies won't be impacted as much and I can get paid on the...
Here is my another pick for 2017. FEZ (EUROPEAN STOXX50) is breaking TL from 2014 on weekly chart. Daily is above cloud now. If we get one more dip lower and reverse, i will take a long here. Or another option to wait for break of 33,50. 34.72 is R1 and after that its clear. Can be a good trade with potential target of 45
Running Alpha Capital Markets Intelligence re-iterates its warning posted on Jan 11th, 2016 to Global Investors of an Imminent and Persistent Crash, specifically for Euro STOXX 50 Equity Index ( Symbol FEZ ) .
The benchmark European index, the Euro STOXX 50 should easily retest the crash lows of 2009; USA equity markets do not have a crash signal, but will...
This a bearish trade on FEZ using a 10/16/15 vertical put spread. Go long the 10/16 $33.5 put and short the 10/16 $32, with a limit order at $0.50 per contract. The max gain per contract is $100, and the max loss per contract is $50, for a 2:1 risk/reward ratio. Hold until expiration.
QE has been announced in Europe.
Could it propel the european stock markets to All Time High like what Fed did to US stock market?
Indicator are lining up at the acceleration line.. lets get the stop clock ready..counting down :-)
