China's -32% drop seems to hint at the market letting out steam with a government that has shown us time and again over the last few weeks that it will do anything to keep the bull market running.
Seems like all have bottomed out (or are close to a bottom)
-HSCEI Index (down -21% in 1 month)
-CSI 300 (down 30% in 1 month)
-Shanghai Composite (down -32% in 1 month) but was up 80% over the last few months.
Like the idea of a long China play through the FXI ETF at these levels
Seems like all have bottomed out (or are close to a bottom)
-HSCEI Index (down -21% in 1 month)
-CSI 300 (down 30% in 1 month)
-Shanghai Composite (down -32% in 1 month) but was up 80% over the last few months.
Like the idea of a long China play through the FXI ETF at these levels