Major Breakout In The China ETF Today

china etfs: Major breakout in shares of the iShares China Large-Cap ETF (NYSEARCA:FXI) in today’s trading on a combination of macro news and China specific headlines. More than 1 kid, free trade zones, investors can set up small banks, China to build open markets

With negative list system, FXI chart jumped right above the 50 day moving average.

At $39.00 remains major area of resistance, followed by $41.50.

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This article is brought to you courtesy of Tim Seymour from Emerging Money.

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