ThePhantom

CHINA APPROACHING SHORT LEVEL

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AMEX:FXI   iShares China Large-Cap ETF
Too many levels aligning to not take notice of this low risk short opportunity. FXI approaching marked resistance at the $37-37.14 range. Converging trendline resistance, round number $37 and 0.618 Fib retracement. Waiting to initiate short at $37 even.
取消訂單:
Skipping short as $37 didn't hit time count at convergence.
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