The Amex China Index ($CZH) is in the throes of an interesting triangle formation.
I own FXI puts, so this is encouraging. By the way, I was really embarassed when I realized that my fussing about why the FXP moves so much more than the FXI was absurd, since the FXP is a double-inverse whereas the FXI is just a normal "single" bullish ETF. So – duh – they aren't opposites. Sorry.