iShares MSCI France (EWQ): Golden Cross

iShares MSCI France (EWQ) just flashed a golden cross.

iShares MSCI France (EWQ)

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Another golden cross signal in a European ETF.

Can the bulls break the key downtrend line?

For Reference

The golden cross (technical formation when the 50-day moving average rises above 200-day) can be used as a filter to help narrow down the field. Next, use the Seven Steps to Better Stock Trading to evaluate the sentiment and price action. Better yet, sign up for The Select 20 Stock Picks or use my free Total Indicator for eSignal.