The HSI pull back is likely not finished yet, we are making good progress down to the 0.38 fib but still a bit to go to the 18336 level.
So no adds for me into Chinese ADRs just yet until support is found and confirmed.
Happy to just sit back and observe without taking any action.
The HSI ran very aggressively for exactly 30 days from April, so a standard pull back is healthy and needed.
Nate
2024-05-26 15:16:19 +0000 UTC