Nasdaq Dorsey Wright

With no changes to any of the iShares models this week, we look at the iShares MSCI Poland ETF (EPOL).

There are no changes to any of the iShares models this week. International equities recently moved past commodities into second place in the DALI asset class rankings with emerging and developed Europe ranking first and second in the international equity rankings, respectively. There are several options for investors looking to add Europe exposure including the iShares MSCI Eurozone ETF (EZU), which we highlighted a few weeks ago. For those specifically looking to add exposure to emerging Europe, one option to consider is the iShares MSCI Poland ETF (EPOL).

EPOL currently has a near-perfect 5.81 fund score, which is 1.46 points better than the average for all non-US equity funds, and a positive 4.45 score direction. On its default chart, EPOL returned to a buy signal in late April when it broke a double top at $29.50 and now sits one box away from giving a second consecutive buy signal and reaching a new multi-year high with a move to $31.50. While it is trading near multi-year highs, EPOL remains in actionable territory on its 10-week trading band with a weekly overbought/oversold (OBOS) reading of 30%. With a reversal into Xs earlier this month, EPOL has now established nearby support at $29.50. Year-to-date (through 6/11) EPOL has gained 46.7% on a price return basis. The fund also carries a 4.15% yield.

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DISCLOSURE

**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. BlackRock sponsors the Dorsey Wright iShares ETF Models. However, analysis, models and recommendations are created and provided solely by Dorsey, Wright & Associates (Dorsey Wright). Neither BlackRock, BlackRock Advisors and its affiliates, nor SEI Investments Distribution Co. or its affiliates (SEI) are affiliated with Dorsey Wright. Neither BlackRock nor SEI provides investment advice or recommendations regarding any security, fund or market. Analysis, models and recommendations should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security, including iShares. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. No individual risk management tools are used in maintaining this model. This model may not be suitable for all investors. As the investment professional making the final decision with respect to allocations, remember to adhere to NASD Rules 2090 and 2111 (formerly NYSE Rule 405, Know Your Customer). The percentage of the portfolio devoted to any iShares strategy, as well as final individual weightings are at the sole discretion of the financial advisor and not Dorsey, Wright & Associates, BlackRock or SEI Investments Distribution Co. or its affiliates (SEI) . If you are not familiar with the Point & Figure methodology, we suggest you read "Point & Figure Charting, 4th Edition" by Thomas J. Dorsey or visit the PnF University at www.dorseywright.com. If you are not familiar with the iShares products, or Exchange Traded Funds (ETFs), we suggest you visit www.ishares.com for more information.