The bearish China play is now flirting with a break above its 200-day moving average, a positive sign, and with CPI and PPI data looming Monday, FXP could keep running to the upside. ProShares UltraShort FTSE China 25 (NYSE: FXP ) Bad news for China bulls. There are plenty of speeches of by Federal Reserve members, including Chairman Ben Bernanke on Tuesday, data points and earnings reports to deal with.