China - A Day Later
$FXI
A somewhat timely post yesterday -
Followed by the afternoon headline -
Amazing how these coincidences work no?
For what it’s worth, FXI 0.00%↑ never oversold on the daily. It’s obviously popping here in the morning on the headlines, but I’m inclined to watch for a close above the 5 day MA (black line) before entering a trade.