Market Overview

Vanguard European ETF: The Trend Continues Up (VGK)

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(via COMTEX News Network)--

SmarTrend identified an Uptrend for Vanguard European ETF (AMEX: VGK) on September 02, 2010 at $45.66. In approximately 4 weeks, Vanguard European ETF has returned 7.5% as of today's recent price of $49.11.

Vanguard European ETF is currently above its 50-day moving average of $46.37 and above its 200-day moving average of $45.89. Look for these moving averages to climb to confirm the company's upward momentum.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Vanguard European ETF shares.

Write to Chip Brian at cbrian@tradethetrend.com

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