Long term trade (unless we get a big quick move). Breakout high target $33!!!
FIRST TARGET: $27
SECOND TARGET: $30
FINAL TARGET: $33
TARGETS MAY BE ADJUSTED WITH CHANGING MARKET CONDITIONS***
Not to mention an approximately 6% dividend yield if you have to wait
Too many levels aligning to not take notice of this low risk short opportunity. FXI approaching marked resistance at the $37-37.14 range. Converging trendline resistance, round number $37 and 0.618 Fib retracement. Waiting to initiate short at $37 even.