PLEASE NOTE that, quite obviously, we've had some rough technical issues the past 12 hours, but it's only because we're doing a major upgrade. I've mentioned four times in a row (but somehow people keep missing it) that comments are OFFLINE for the foreseeable future (and it's tempting, frankly, to LEAVE it that way until December 1st, considering what's about to happen). Anyway, the site is 98% functional. and we're working on this sacred Day of Rest to even get comments restored.
The ETF for Chinese stocks, FXI, has had an incredible two weeks. I don’t use indicators much but take a gander at the CCI for the entire history of FXI. It has never been higher. Ever. The last time it was anything close to this high, it immediately fell for months. This is an historic ascent.
Look at the moving averages as well. The prices have never, in the entire history of this instrument, been so far afield from the trio of these averages. Trees do not grow to the sky.
SPECIAL NOTE: Comments may be OFFLINE during a portion of this weekend as we are doing an important server upgrade.
