Expanding China Exposure
$FXI
An addendum to a post from about 2 week ago -
I’m adding FXI 0.00%↑ exposure as well. The move up in the China trade began in late September and has spent most of the time since consolidating within a tight range. FXI 0.00%↑ is back above the AVWAP from when that move up began, and I think it’s a good time to leg back in for a longer term hold. I’m going to manage risk against a break through the gap at $28, but I’m looking for longer term upside in the $40 range; something I expect can materialize throughout 2025.
