FXI and the curious case of Chinese stimulus

It's interesting watching $FXI bounce around. We're currently seeing it at 35.86, up a bit today, but still very much range-bound. Feels like everyone's holding their breath for a significant, rather than incremental, move from Beijing. My watchlist for the next few weeks is heavily skewed towards Asian real estate and consumer discretionary, just in case they finally decide to unleash the dragons. Otherwise, it's just another round of 'wait and see', which, let's be honest, is most of trading life.