China SSEC etc

    Posted by matt on 7th of Aug 2012 at 03:48 pm

    $SSEC - Chart Link - made a slight new low then bounce with some divergence in place

    $SSEC - Chart Link - longer term view, didn't make it to the lower channel, who knows it may still do it, but interesting down here wave 5

    PGJ - Chart Link - one of the ETF's for China, I can't find an ETF for the SSEC, this one is about the closest I've seen

    FXI - Chart Link - other well known ETF, however it doesn't move with the SSEC at all

    any anyone knows of a directly correlated ETF to the SSEC let me know, thx

    try CAF

    Posted by rikkwan on 8th of Aug 2012 at 09:28 am

    http://stockcharts.com/h-sc/ui?s=$SSEC&p=D&yr=3&mn=5&dy=0&id=p42465280641&a=189717086

    China ETF

    Posted by johnc on 8th of Aug 2012 at 07:13 am

    I like YAO. It's a very nice mix of all caps with heavier concentration in the biggies including BIDU, tencent etc.   Google YAO holdings for a list of holdings.

     I also think it is an interesting spot to enter a longer term position - with an eye on the exit if it's too early or everything starts falling apart.  But overall the longer term risk to reward looks pretty good. 

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