Global ETFs Gearing Up for Another Run By Deron Wagner About this article: Many international ETFs have shown relative strength to the U.S. markets since the intermediate-term bottom formed in late November. While the S&P 500, Dow and Nasdaq remain stuck below their 50-day moving averages, numerous international ETFs have broken out above their 50-day MAs. As such, one could expect the international markets to generally show leadership when the U.S. markets bounce. The best of these ETF setups for potential buy entry right now are those that have broken out above, then pulled back to support of, their 50-day MAs. One such ETF is the iShares EAFA Index, which follows a broad index of Europe, Asia and the Far East: iShares EAFE Index TradeStation On Dec. 16, EFA firmly broke out above resistance of its 50-day MA. It subsequently consolidated for one day, then gently pulled back for... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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