More news came out over the weekend that China expects to release a large fiscal stimulus measure in November, this announcement appears to be aligning with the US election and the report dates of the Chinese ADRs.....with $BABA expected to report around the 14th of November.
So all we need to see until then is support holding above $94 here.
If it starts moving higher before that then great, positive reports from the US Mega Caps could rise all boats but I will be patiently waiting for earnings and the fiscal package to be announced.