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China ETF GXC struggles to break out

SPDR S&P China ETF (AMEX:GXC)  
Auguraltrader  
AMEX:GXC   SPDR S&P China ETF
Chart Patterns Trend Analysis Technical Indicators GXC china chinaetf chinaequities
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chartpattern trendanalysis indicator gxc china chinaetf chinaequities
After an intra-week V shape recovery, with a strong weekly candle, the GXC is now range bound (as seen in the daily chart) attempting to breakout of the range. The Daily technicals are bullish and supportive, as the weekly technicals are somewhat coiling.

We might have to wait a bit more on this one... Needs to break clean of 92.50.

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