EFA has been a weak performer for over a year and during the rally in the S&P 500 from 10/15 to last week, it had reflected relative weakness too. 

With EFA up against falling resistance, Premium Members shorted EFA by purchasing EFZ on 12/4 at (1) in the chart above. 

As you can see by the lower left inset, EFZ is doing rather well compared to the S&P 500 over the past 11 days.

If you would be interested in these type of plays or this type of pattern analysis, I would be honored to have you as a Premium or Triple Play member.

FYI- Members are short EFA (own EFZ) with specific stops in play and this pattern is looking weaker by the day!

See more of our research …..HERE

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past