Frank Cappelleri breaks down the charts in the iShares China Large Cap ETF (FXI).
With China 's central bank revealing its most aggressive stimulus since the pandemic, the Shanghai Stock Exchange Composite Inde x ripped higher by more than 4%. Not surprisingly, the news has given a jolt to the most liquid Chinese ETF today, as well. The iShares China Large Cap ETF has been trading even higher than that so far on Tuesday. .
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