The second chance to buy FXI is here

As expected, FXI, the ETF for the Chinese blue chips, has tested its 50 DMV. The left upper chart was posted less than a month ago and the right lower chart is what looks like right now for FXI. So FXI has followed my script in the past month and has reached the target price. I think this is a good second opportunity to invest in the Chinese stock market and FXI is a safer way to do so. As I said, if history is any guide, double or even several times your money from investing in the Chinese market now at this rather low level with quite poor sentiment is not out of reach.