Long move sideways but the temps have cooled down for China over the last few sessions and in spite of the noise, the chart is looking as healthy as ever.
Holding two 0.618 Fibs here, first for Wave 2, and now for what is likely Subwave 2.
I strictly follow the charts when the noise gets louder....because sometimes people can forget that policy makers are working hard in each country, as they did in the US to save regional banks.
The Chinese economy is not worse off than the US was in Feb or March....and they came out of that in tact....for now.
$KWEB up 4% today when a lot of people have turned their backs on China.