rv
Long

FXI (China Large-Cap)

rv  
AMEX:FXI   ISHARES CHINA LARGE-CAP ETF
107 1 3
China FXI            

In a rectangular range between ~30-40 since end of 2011.

Versus Global Index , its basing.

Cyclically it looks like it is hitting some turning points,
needs price confirmation.

First Chart, long term view since 2007, crash and
long consolidation, within a closing triangle like formation. 200 sma .

Second chart, In an uptrend since 19/3, trying to brakeout,
on strong impulse. Indicators may have some room left.
Diagonal Channel. Rounding bottom formation. potential IHS             .

Support :
Uptrend_line, 50 sma ( retest possible )

Targets :
40.33 ( rectangle top range )
41.60 ( 2013 high, 100% extension ) (brake_out condition)
rv
2 years ago
well..

snapshot
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