Skip to main content

Will $FXI - China Large-Cap ETF Break Out? A Critical Moment Approaches


The $FXI - China Large-Cap ETF is on the verge of an important technical breakout after forming a wedge pattern that has lasted for over four months. But the big question remains: Will the breakout happen to the upside or the downside?


While no one can predict market moves with absolute certainty, the current state of China's market and economy over the last few years provides a hint. Given recent trends, it seems that the risk-to-reward ratio favors an upward breakout. If the price surges upward, the potential gains could be significant. Look China Index below, more than -55% dropped lastly:


On the other hand, if the ETF breaks downward, the downside risk appears limited, with a low likelihood of substantial losses.

It’s important to remember that this analysis is based on our personal strategy and investments over the last few days. While we expect the wedge pattern to resolve soon, this is not financial advice. Always do your own research and consult with a financial professional before making any investment decisions.

Key Takeaways:

  • The $FXI ETF is nearing a breakout after forming a wedge pattern for over four months.
  • An upward breakout could present substantial upside potential.
  • The downside risk seems relatively contained in comparison to the possible reward.

Stay tuned for updates, as this technical pattern could resolve soon, and the outcome may have meaningful implications for traders and investors alike.


Result:
+22% in money as of 26.09.2024




Labels:

Comments

Post a Comment

Popular posts from this blog

🌾 Why Billionaires Are Buying Farmland — The Real Reasons Behind the Land Rush

  🏞 Why Billionaires Are Quietly Buying Farmland and Vast Tracts of Land In recent years, some of the world’s richest people — including Bill Gates , Jeff Bezos , and Mark Zuckerberg — have quietly become major landowners. From farmland in the U.S. Midwest to tropical ranches in Hawaii, they are accumulating land faster than ever. But what’s driving this modern-day land rush? 🌾 1. A Hedge Against Inflation Farmland is one of the oldest and safest tangible assets . It generates real income through crops and leases while preserving value when inflation rises. As food prices climb, farmland values follow — making it a powerful inflation hedge for billionaires whose wealth is tied up in volatile tech stocks. 🌍 2. Control Over Food and Resources Land means control of food production, water rights, and renewable energy potential . Bill Gates’s 270,000-acre farmland portfolio — the largest in America — reflects a push toward sustainable food systems and climate-friendly agr...
Post a Comment
Read more

Aerospace & Defense Stocks Breakdown: Which Companies Are Worth Investing In?

 If you are looking for US Aerospace & Defense Stocks to invest in then let’s compare Lockheed Martin (LMT), RTX Corporation (RTX), General Dynamics (GD), General Electric (GE), and Boeing (BA) from an investment perspective, focusing on: Core business & products Defense exposure Stability & financial health Growth prospects Valuation and dividends 🔹 1. Lockheed Martin ( LMT ) Core Business : Pure-play defense contractor — fighter jets (F-35), missiles, helicopters (Sikorsky), space systems. Defense Exposure : ~96% of revenue comes from the U.S. Department of Defense and allied governments. Stability : Very stable, heavily backed by multi-year government contracts. Growth : Moderate growth; mostly in line with defense budgets. Dividend : Strong dividend (~2.7%), with decades of increases. Valuation : Often seen as fairly valued or slightly undervalued in uncertain times. Risks : Dependent on U.S. defense budget; limited commercial exposure. ✅ Best for cons...
Post a Comment
Read more

Is It Time to Buy US Stocks?

 📉 Is It Time to Buy US Stocks? Nobody can perfectly time the market—let’s get that out of the way first. But when your favorite asset is hovering near a major technical support , you need to ask yourself a key question: ❓ If it drops, will you regret buying? Or if it flies, will you regret missing out? If you lean toward the second one, it might be time to pull the trigger . But let’s be clear: Never go all in. Never fully exit. Unless the fundamentals change. 🔍 Why Now? Both $QQQ and $SPY are sitting close to their 200-week SMA —a historically strong support zone. (A 10% drop in SPY would bring it down to its 200-week simple moving average (SMA)) Institutions often accumulate at these levels while retail panic sells. You might be thinking, "This time is different." But I’ve heard that exact phrase during: Market all-time highs Bearish breakdowns Sudden sentiment shifts The truth is: sentiment flips fast. Most investors aren't rational. They...
Post a Comment
Read more