novvoll12
Long

FXI 39.19 bullish – Posts new 2-month highs

AMEX:FXI   ISHARES CHINA LARGE-CAP ETF
FXI
7 0 0
fxi
FXI             39.19 bullish – Posts new 2-month highs

FXI             extends the rally off the 34.32 higher low(September 29, 2015) to reach new 2-month highs. Improving momentum suggests there is scope for further upside towards 40.45 (38.2% of the 52.85/32.80 fall). Above would expose the 41.55 lower high (August 17, 2015 weekly high). The 37.02 area offers immediate support. However, a break down below there would caution for prolonged consolidation towards 34.32.

Outlook:
Daily: bullish
Weekly: bullish
Monthly: neutral

English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out