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Constructive Action in iShares China ETF


Constructive Action in iShares China ETF
By Mike Paulenoff, www.MPTrader.com

For the past two sessions, the iShares FTSE/Xinhua China 25 Index ETF (NYSE: FXI) has been consolidating in the upper 30% of the March advance from 22.69 to 27.86, which in general is very constructive action and should predate another thrust that points to 29.00 next. Any kneejerk downside reaction to the FOMC statement should contain the

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