The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index comprises 50 of the largest and most liquid Chinese stocks (H Shares, Red Chips and P Chips) listed and trading on the Hong Kong Exchange (HKEx). The fund is non-diversified.
The Abandoned Baby Candle Pattern is a rare but accurate reversal pattern. In a rarely traded ETF, it may not be as rare as can be seen in this chart. The December 18 FXP$50 call has a OI of 50 at open today but at the close, 1570 calls changed hand, with most of it at the last hour of trading. It It appears that traders were watching to see if the bullish candle...
Direction for next month will be determined soon