Currently: Cash Looking to: Buy @ $46.43
As of 1/8/21 close: $48.32
LAST WEEK: We suggested buying FXI at $40.18 with stops honored on a close below $39.90 and with a target of $54.
UPDATE: The iShares China ETF (FXI) is setting up for much more upside in the coming weeks / months. Buy dips in FXI or other Chinese equity proxies until further notice.
We would look to buy any dip to $46.43 with an upside target of $54. Honor stops on a close below $44.65.