Saturday, 26 December 2009

China - FXI $42





FXI is the ETF for China. China was the first BRIC to indicate a change in the Market in 2007. China indicated a SELL signal 2 weeks ago at $43 with 5em($42.77) < 10ema ($42.87). Sell signal in Dec 2007 at $55 triggered a fall to $18 by October 2008. Buy signal triggered at $30 in April 2009.

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