Written by Lawrence on September 8, 2009
While the US market appears to be consolidating its multi-month gains in August, the Chinese stock market, as portrayed by the ETF FXI, seems to be correcting more severely. However, recent price action of FXI presents an interesting trade set-up for traders in the short term. [caption id="attachment_741" align="alignleft" width="600" caption="Technical Analysis of FXI"][/caption] Since pri...
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