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30min high highs low lows opening openingrange or previoushighlow range rangetrading trendanalysis volatility Less Tags Show All Tags
FXI / Nasdaq Relative Strength & Correlation
FXI
, 1D
Long
FXI: FXI / Nasdaq Relative Strength & Correlation

China's Large Cap ETF (FXI) is showing notable bullish Relative Strength (RS) compared to the Nasdaq (0.26 on the Daily RS, using a 50 period timeframe). The typical RS between these two fluctuates between -0.15 - 0.10. FXI also tends to have quite a strong correlation coefficient vs. NDX, but we're finally seeing that break down (0.24 on the Daily w/ a 50 length...

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