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EWI Short ITALY due to Coronavirus

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AMEX:EWI   iShares Inc iShares MSCI Italy ETF
Source: Corriere della Sera

Over 150 cases of Coronavirus in Italy and 7 regions are blocked and many villages in quarantine. Austria blocked all trains coming from the regions ar risk. Risk on for Europe this week.

This present a potential short opportunity as the week starts. This idea provides two target levels and good buyback opportunity at Target 2 if reached.

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