VEU Facing Resistance?

VEU (Vanguard’s all-World, ex-US ETF) is butting against a downward trendline that starts at the 2008 peak and through the 2011 highs.  This area could also be the right shoulder of a 5-year Head and Shoulders pattern.  This is probably a chart worth keeping an eye on.

2013-03-19-VEU_CHARTS

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