FXI consolidating near 49
Friday was 2nd day it closed below 49.
49 is acting as a support, but FXI has been drifting lower
Currently below 49, and below 50dema
10dsma > 30dema, however gap is very small now.
Not sure if I want to sell a put spread, or do long call.
I would like to treat FXI as a speculative index, because the Chinese market is very speculative right now (in a bubble).
I would like to limit my losses in a crash but let my gains grow with the bubble.
49 is acting as a support, but FXI has been drifting lower
Currently below 49, and below 50dema
10dsma > 30dema, however gap is very small now.
Not sure if I want to sell a put spread, or do long call.
I would like to treat FXI as a speculative index, because the Chinese market is very speculative right now (in a bubble).
I would like to limit my losses in a crash but let my gains grow with the bubble.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.