China ETF (PEK) goes negative by breaking below intraday moving average 2012/12/03 11:39

The intraday price for China ETF has moved below its 200 period 30 minute moving average of 30.93. PEK is around 30.5 bucks now. Going below the moving average deepens the negative trend.

The price is already below support of $32.05.

Other stocks to watch – these have a positive correlation with China ETF:

For the math geeks and quants – the most recent Slope: -1.13 Intercept: 32.05 close: 30.5