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Morning Matters:

China Chart Improving
by Geoff Garbacz

May 22, 2018

The chart of China via FXI is starting to improve nicely. This is happening just as the trade war with China is easing from a potential full out war.

[Image 1]

The Erlanger Crossover (EC) Spread is now green and above its signal line. The Erlanger Volume Swing has turned positive as well. Third FXI is now above its 50 day moving average.

The ETF of China could be bought here with a stop of the February low of $44.60.

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