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The Nikkei Index and the China ETF (FXI) have something in common…”they’ve been here before!” Been where? Both have hit falling resistance line (1) several times over the past few years, Nikkei since 1996!
Its the same resistance line, will the results be like ground hog day, same thing over and over again?
Some day these resistance lines will break, when they do, it will be a positive event!