IRELAND: THE LIFEBLOOD OF THE EUROZONE FOR THE NEXT FEW DAYS
The whole thing is quite hopeless, so it’s no good worrying about tomorrow. It probably won’t come.
J.R.R. Tolkien
Greetings!
The 20-period Bollinger Bands on a chart of EIRL (iShares MSCI Ireland Capped ETF) narrowed dramatically. And now they are expanding. Along those lines, an indicator I like to watch suggests EIRL is in the second day of a five-day move to the upside.
I suspect such a move could coincide with the last hurrah for Eurozone markets in the intermediate-term …
Two-week free-trial to Black Swan Forex sign-up at our home page.
