China - FXI - Bull & Bear Markets Since 2011
The red lines are losses from trades if you had SOLD SHORT when a bear market had started (-20% move off of a closing high) and reversed and GONE LONG when a bull market had started (+20% move off of a closing low).
The latest signal closed out of the only profitable trade in 5 years.
This is just an educational piece and shows how choppy the Chinese market has been in the past 5 years.
Tim 12:08PM July 8, 2015
The latest signal closed out of the only profitable trade in 5 years.
This is just an educational piece and shows how choppy the Chinese market has been in the past 5 years.
Tim 12:08PM July 8, 2015
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