SPDR S&P China Breaks Above 200-Day Moving Average

SPDR S&P China ETF (GXC) traded above its 200-day moving average of $98.23, reaching as high as $98.78 and rising about 1.7% on the day. The move is a mildly positive technical signal for the ETF, but the article contains no fundamental catalyst or broader market implication.

Analysis

SPDR S&P China ETF (GXC) traded above its 200-day moving average of $98.23, reaching as high as $98.78 and rising about 1.7% on the day. The move is a mildly positive technical signal for the ETF, but the article contains no fundamental catalyst or broader market implication.