Wednesday 15 June 2011

SPDR S&P China ETF - NYSE

SPDR S&P China - NYSE
Want to know where the market in China is heading? The commercials aka " big boys" have been shorting the ETF since April 2011! Now the question is whether the selling will still go on or the price will rebound back-up... according to COT Proxy looks like the commercials are still shorting it... who will you follow? The commercials - "smart money" or  "dumb money"?

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