We’ve put out some charts so you can see that investors are looking at the beaten up names for Alpha.

FXI…China needs a close over 38.40 to start looking up and over 38.70 to get me involved. With China firm the Aussie is in profit taking mode from the short sellers.

EWZ…needs a close over 55.20. Sell stops will now be at today’s low around 54.23.

DE…is reacting to the China theme of the day. Closing over 87.75 is price positive.

GDX…is attempting an ORH day reacting to the low in Silver. I am not going to chase this,however it has room for another 1-2 dollars on the upside.

EUR/AUD…130.80 is our trailing stop. 130.30 is possible on a route.