There Goes China…

One week it is Trump tweeting, another it is India reflating, another it is the Fed talking about permissiveness on inflation, another it’s China stimulating… and so on.

This time it’s that last thing, and it is serving to drive the China A-Shares and Large Caps up through the resistance we noted in NFTRH 582 a couple weeks ago, along with upside targets. Weekly charts…

China a-shares

Here’s the Large Caps iShares.

fxi

I already took my profit in BABA but hold this vehicle (which itself prominently holds BABA) in relatively healthy amounts.

tdf

Subscribe to NFTRH Premium (monthly at USD $35.00 or a discounted yearly at USD $365.00) for an in-depth weekly market report, interim market updates and NFTRH+ chart and trade setup ideas. You can also keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar and get even more by joining our free eLetter. Follow via Twitter @NFTRHgt or StockTwits.