Bullish Setup on FXI Weeklys, watch for confirmation at 34.18 Long

iShares China Large-Cap ETFArca

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⋅ Mar 20, 2016 3:14 PM

Last week we broke thru a descending trend line with a bullish candle. We have a very strong weekly support at 30.79. If we can get a close above 34.25 or so, there is a gap to fill at 35.18 then things will point to the 200 at 38.02.