If we get one more big flush, especially the 11% or so drop scenario that I’ve laid out in the US market, we’ll drag China down with us but those same setups could prove to be nice entries if timed with a bottom on that drop (assuming it comes).
I’m either going to be wrong or right but if I’m right, that drop could come very fast so best to have all of your ducks in a row (regarding long setups).

Thanks for the analysis, decided not to take it. Looks like it’s going to take a bit longer for these chinese inet/kweb stocks to start getting some traction.

vin, I’m just deleting old reply notifications & saw that I missed this one from you. JD is starting to look interesting with some divergence building on the daily & 60-min chart. No buy signals yet but the stock did make an unconvincing (non-impulsive) breakout above this steep downtrend line last week & closed on a backtest of the TL today. Personally, I don’t see enough in that chart to convince me to step at this time but it could be setting up for a nice run here soon so one to watch. A long here with a stop somewhat below might pan out as well with potential targets around 28 & 30. Here’s my daily chart. G-luck if you take it.