Showing a bounce now on the large and smaller channel and the price action is back above the green historical line after regaining it at the start of this week.
Price action is also retesting this line from above today too, so although some ADR's are red, we can see from the HSI that this is a retest.
This is also a retest of the 200 MA on the 1hr from above too as it also aligns with the green support level.
We will continue to watch the HSI to gauge signs of a reversal for the Chinese market and Chinese ADR's.