Paid Daily · Resources · Ask Plutus
Tim Knight Breaks Down the Three Things That Made Him Short China
NowPress play to follow along0:00 / 6:14
Chapters3 segments · tap to seek
ticker lesson
Breakdown
0:00lesson
Analyzing FXI chart for bearish trade
- Chart focused on FXI, ETF for Chinese stock market
- Three key factors analyzed: rounded tops, trend line, political correlation
- History of rounded tops followed by meaningful drops
- Trend line as support turned resistance
- Low correlation between FXI and U.S. markets
2:01lesson
Trend line as support turned resistance
- Trend line covered entire history as support
- Failed in 2022 with dramatic rally below it
- Blue line and price peak close, strong resistance
- Political factors: U.S. market subject to election interference
- FXI immune to U.S. political issues
4:11lesson
Downtrend timeline and target projection
- Downtrend took months from top to bottom
- 2 months passed since peak, price down 2%
- Target around 27 on FXI by early next year
- Hanging index shows broader downtrend
- Descending trend line with lower highs
Informational only — this is tastylive’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.