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Chinese Stocks Are Looking Startlingly Similar To The 2000-Era Tech Bubble

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iShares FTSE/Xinhua China 25 Index Fund ETF ETF:FXI, The NASDAQ OMX Group, Inc. NASDAQ:NDAQ - Chinese Stocks Are Looking Startlingly Similar To The 2000-Era Tech Bubble

Market corrections such as the one that U.S. equities have experienced in the past couple of trading days are certainly nothing new. However, analysts at Janney found a technical pattern that is eerily similar to one seen during the bursting of the Dot Com Bubble in 2000.

All Eyes On China

It’s no secret that China is the...


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