CosmicDust

FXI update - closer to buy zone? - 6/29/2015

AMEX:FXI   iShares China Large-Cap ETF
fxi
It will land on multiple supports soon ($44 area). We will see if it can bounce up from there this week. Note the rising channel has not broken yet. But I would be really worried if both the long terms support line and 40 week MA broken in near future. Right now the bias is still bearish.
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