AssetDesign

FXI - Poised For Upside

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BATS:FXI   iShares China Large-Cap ETF
FXI appears to have put in a double bottom and may be setting up for a bull run. At the very least, if the current formation is just part of a corrective flat wave, then we can expect the coming C wave to equal the A wave, putting FXI at 33.

Sentiment is horrible for the China markets. I.e., screaming buy

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