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


  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!