We Tried to Warn You
In This Digest: Chinese stocks were destined for correction… And that’s precisely what we got on Tuesday and Wednesday this week. Check out the chart: The iShares China Large Cap ETF (FXI) fell more than 10% from Tuesday to Wednesday, after we warned you that the market was due for a plunge. As we wrote then: An RSI of 85 is already a high level, and stocks of any kind don’t tend to stay so overbought for long. But we’re
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