Nasdaq Dorsey Wright

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

There are no changes to any of the iShares models this week. International equities have recently fallen to third in the DALI asset class rankings. However, there is only a three-signal margin separating first from third place and international equities remain an area of relative strength with the non-US group ranking ninth out of all 134 groups in the Asset Class Group Scores system.

After reaching an all-time high earlier this month, the iShares MSCI EAFE ETF (EFA) has pulled back to prior resistance near the middle of its 10-week trading band, offering an entry point for those looking to add long exposure. EFA currently has a favorable 4.16 fund score and positive 2.85 score direction. On its default chart, EFA shows no support until the low $70s. However, on its more sensitive $0.50-per-box chart, the fund has recently found support at $86, reversing up into Xs from that level earlier this week. Year-to-date (through 6/25) EFA has gained 15.8% on a price return basis; the fund also carries a 2.75% 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.