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Tim Knight does something he rarely does, one chart, one trade, start to finish. It is the anatomy of his short in FXI, the ETF for large cap Chinese stocks, and the three things that drew him to it. One, a decades-long history of tops and drops, every rounded top on the chart was followed by a meaningful decline, and a new rounded top had just formed. Two, a trend line that acted as support for decades, failed, and then saw price rally right up to it and get rejected, support becoming resistance. šŸ“Š tastylive: tastylive.com šŸ“° Get Tom's pre-market analysis every morning: tastylive.com/newsletters šŸ“˜ FREE Options Strategy Guide: tinyurl.com/bp9ms763 šŸ“± Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 One chart, one trade today 00:40 Why FXI caught his eye 01:05 Reason one, tops and drops 01:50 A new rounded top forms 02:02 Reason two, the trend line 02:30 Support becomes resistance 02:50 Reason three, no US correlation 03:40 Overlayin...

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