China ETF FXI: Poised for a Rebound or More Pain?
📈 The China ETF (FXI) is at a potentially good entry point, holding above the $30 level on the weekly chart, suggesting a possible base formation.
🌏 Upside potential exists, targeting $41 initially on the weekly chart, but hinges significantly on improved US-China trade negotiations and easing tensions.
⚠️ Significant risk remains due to political factors, including potential threats by Trump to delist Chinese companies, which could severely impact the ETF.
China ETF FXI: More Upside Potential Than S&P 500?
📈 The speaker favors the FXI ETF over the S&P 500, citing its potential for greater upside based on its long-term chart pattern showing a possible trend reversal.
📉 FXI has been in a downtrend since 2018 but broke this trend in early 2024, suggesting more room to run compared to US indices near highs.
🇨🇳 A potential reduction in Chinese tariffs could significantly benefit FXI, which holds China's large-cap companies; key support is identified near $29.
China’s ETF (FXI) Shows Divergence: Time to Buy?
🇨🇳 The FXI ETF, representing large-cap Chinese stocks, is currently in a support zone.
📉 Despite this, the ETF shows divergence, suggesting it may have more room to fall.
⏳ Investors should consider waiting for the ETF to complete its pattern before considering a long position.
China’s Market Surge: Is It Time to Buy or Sell the FXI ETF?
🇨🇳 China's market has shown strong performance, with the FXI ETF (iShares China Large-Cap ETF) rising nearly 20% in a short period.
✅ The advisor initially recommended buying China but now suggests taking profits due to the rapid gains.
⚠️ Concerns about potential delisting of Chinese companies and government intervention remain risks for long-term investment.
📈 Recent monetary and fiscal policies in China are starting to positively impact consumer prices, indicating a potential economic recovery.
