FXI is the FTSE China 25 (long), I suspect Asia (Nikkei included) is going to be seeing downside just as they saw upside during the October rally in the US off the lows.
I prefer FXP, 2x short FXI (2x short China 25). This is also along the lines of the Nikkei 225 Futures macro trend as well, essentially short asia via China specifically. I'm going to open this as a full size swing trade, FXP long which is 2x short FXI/China FTSE 25).
I'll have charts including the Nikkei 225 futures up right after this.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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