China Bounces Back

Oct.12.12 | About: iShares China (FXI)

As stocks here in the U.S. have been struggling over the last few weeks, the China ETF (NYSEARCA:FXI) has been surging. Since making a triple bottom on September 5th, FXI is up 13.36%, and yesterday, the ETF broke out above its sideways summer trading range. How quickly trends can change.

Click to enlarge