$BIDU and $JD both report tomorrow before the market opens and in spite of $BABA posting a mixed report, the market has seen it for what it is and it is recovering nicely today.
If $BIDU and $JD report positive earnings, they may also offer an opportunity too
Which will also help this ETF as it is a Chinese Internet ETF.
Wave 2 held perfectly on the 0.618 Fib and it has a wedge breakout like a lot the Chinese ADRs we follow, clean reports tomorrow and very little will be in the way of this moving higher
Next test will be getting above the previous high at $36
Also any retest of the blue line at $26.66 will be an opportunity to me.