Chinese Demolition

One of my readers shared this fascinating new video with me:

Now it makes sense that, even with the preposterous counter-trend rally from July 16 through July 31st, the Chinese equity market keeps eroding into a massive wipeout. Here is the symbol FXI:

(Click on image to enlarge)

---

More By This Author:

Energy Wanes
No Smoke, Just Mirrors 
Seismic Sentiment Shift