FXI consolidating near 49
Friday was 2nd day it closed below 49.
49 is acting as a support, but FXI has been drifting lower
Currently below 49, and below 50dema
10dsma > 30dema, however gap is very small now.
Not sure if I want to sell a put spread, or do long call.
I would like to treat FXI as a speculative index, because the Chinese market is very speculative right now (in a bubble).
I would like to limit my losses in a crash but let my gains grow with the bubble.
49 is acting as a support, but FXI has been drifting lower
Currently below 49, and below 50dema
10dsma > 30dema, however gap is very small now.
Not sure if I want to sell a put spread, or do long call.
I would like to treat FXI as a speculative index, because the Chinese market is very speculative right now (in a bubble).
I would like to limit my losses in a crash but let my gains grow with the bubble.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.