I checked the China fund and they invest in ADR's and are managed. Thus far, they have underperformed
I will be the first to admit I do not understand all the fundamentals involved. But I do understand charts:
As far as China is concerned, I am a big fan of FXI, and a detractor of PGJ (unless the USD decides to rally like mad). disclosure: currently long
Yes I see the price bearishness here. This was on a longer time frame than I was considering for my look at the 10 yr note being bullish shorter term. I was looking at daily charts.
I agree, posted earlier to Mcurto that I feel we are approaching an intermediate term end of this move. Looking for maybe another 1/2 point on the downside: mid 104-ish 10yr, mid 105-ish 30yr and about 5.35% 30yr yield.
Sorry, I must have missed that post--or more likely didn't understand it. --through no fault of yours. Any way, maybe I am early with long in the note futures? The hourly chart does suggest a pullback. I will put my stop in the high 103's
Hi! The drop has been quite sharp, as the bull market in rates is just getting noticed. Your stop sounds like a good one to me. best to your trading!