FXJ looking extremely bearish now, with a nearly 3% fall today on the biggest volume in four months. The negative sentiment is prevalent in the whole sector (see NEC, SKT, SWM, FXJ, SXL, TEN etc.) The fact that it had such a bad day when the XAO was UP 55 points makes FXJ an excellent short now. A poor ROE and flat EPS growth also don't help it's prospects.
FXJ looking extremely bearish now, with a nearly 3% fall today...
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