The $FXI, an ETF representing large-cap Chinese companies, has experienced significant volatility over recent days. Initially, the ETF turned red on September 30, indicating a decline. However, by October 1, $FXI surged by 4%, closing above the week's opening level. On October 2, it continued its upward trajectory, soaring another 6.7% in premarket trading and achieving a 33% increase over the last 10 days. The ETF's weekly performance reached a new high, with the RSI hitting 79.50, the highest since January 2018. Last week also saw the highest trading volume on record for $FXI. Additionally, the ETF is at +5 Std deviation BB, with a Quarterly Pivot S3 at 35.00 and an Annual Pivot at $35.85.