China is still the Macro Story

The FXI China ETF remains the guidepost.  Emerging markets will be more affected than the US market as the next macro phase unfolds.  The dollar continues to make a base and gold and commodities should be avoided.  The 39.36 level on the FXI is a closing price downside signal.  At the moment the price is at 39.10.

9:19 AM CDT