FXI update - caution - 4/23/2015

iShares China Large-Cap ETFArca

Description

⋅ Apr 23, 2015 11:25 PM

As of today's close, MACD turned negative, RSI trend line appears to be broken. Might be a good idea to take some profit off the table if they are not getting better in coming days (need be confirmed by short term price trend change).

FXI

Comments

A-shot

⋅ Apr 24, 2015 9:25 AM

Lower RSI/CCI, MACD but higher price? Seems like a negative divergence to me