Traded this many times in the past few months and I love it as a trader and as a hedger. Formed a nice doji yesterday, possibly indicating a move upwards, I'll be looking forward to adding some shares. It looks to be trading in a channel right now and is bouncing off the lower resistance. The INDU looks to easily drop below 12000 and FXP and other ultrashorts are a great way to trade this market, TCG can elaborate more on this with his predicted market bottom/reversal. As always, be cautious and on your toes as the Chinese economy is volatile Looking for at least 90 on FXP, good luck.