Ever since last Spring, FXP, the ultrabearish-on-China ETF, has been reliably bouncing lower off its downward-sloping trendline. Not anymore. It seems to have reached escape velocity. Interesting………
Ever since last Spring, FXP, the ultrabearish-on-China ETF, has been reliably bouncing lower off its downward-sloping trendline. Not anymore. It seems to have reached escape velocity. Interesting………
