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Morning Matters:

The W Formation
by Geoff Garbacz

September 18, 2018

Could the chart of the largest Chinese ETF FXI be telling us something about the state of the trade deal?

One of my favorite formations being that I am from Wisconsin is the "W" formation. This can also be known as a double bottom. Currently, FXI is making a double bottom.

[Image 1]

We like double bottoms because if it does not take then there is an easy exit.

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