All Eyes on China

Is it time?

First, let’s update the FXI Short Interest chart:

Pessimism remains entrenched since the turn of the year.

So what’s changed?

Something tells me it might be time again…

The following charts have my full attention — and make no mistake: the next few days should either confirm or completely invalidate the Setup.

I like what I see so far.

This is one of those ideal moments, where the cost of being wrong is manageable, and the upside is potentially uncapped.

We don’t get many of these moments in a year — so let’s get to it: