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What happened to IFN today? There isn’t any news that I’ve found, writes David Fry, founder and publisher of The ETF Digest, but sometimes alert subscribers point out something to me. For now it just looks like an overbought correction. Volume was heavier than normal and the selling came at mid-day. Chart below.

IFN Chart

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Source: The India Fund (IFN) in Overbought Correction