
The iShares FTSE China 25 Index Fund (NYSE:FXI) tracks the Shanghai Index in China. The FXI has had a good bounce off $41.00 support level. The FXI will come into strong resistance now around the $43.60 area. Traders holding the FXI should take profits around this level or at least trail your stop loss. Aggressive traders can sell the FXI short in this area with a $1.50 stop loss.
Nicholas Santiago
InTheMoneyStocks.com








