I SHARES MSCI CHINA INDEX ETF (MCHI-NYSE): Technical Viewpoint: From a low of $40.89 on Sep 26, 2012 prices rallied, reaching a high of $46.20 on Nov 2, 2012. A decline saw prices pull back, reaching a low of $43.16 on Nov 16, 2012. Another rally saw prices penetrate resistance, closing 12/31/12 at $48.50. Technicals: MACD Index (MACD): A Buy Alert! was given on Dec 31, 2012 when the solid line crossed the dotted line to the upside. Support: Remains at $47.72. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Dec 10, 2012. A P&F upside reversal takes place at $45.00. Summary: Technical indicators have turned bullish. BUY! I SHARES MSCI CHINA INDEX ETF (MCHI-NYSE) @ $48.63 Stop: Use a protective stop of $46.63. I SHARES MSCI CHINA INDEX ETF is currently trading @ $48.50 plus $0.93 on Jan 2, 2013. Price Objective: $63.00. Risk/Reward: $2.00 VS. $14.38. Today's Risk Reward Ratio: 7:1