FXI is set to test its 200-d MA line of ~150. Each time it touched the line, it bounced off from there. So if history is any guide, we'll be just fine. I sold some FXI put today and have open orders to buy FXI tomorrow if it gets real nasty. Will see.
If history is any guide, it'll bounce back (chart)
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FXI is set to test its 200-d MA line of ~150. Each time it touched the line, it bounced off from there. So if history is any guide, we'll be just fine. I sold some FXI put today and have open orders to buy FXI tomorrow if it gets real nasty. Will see.