At this point I have to question whether we have enough momentum to continue the climb. I think we do that up to a point, but eventually new problems arise. The Hang Seng is rising again during Thursday’s trade as we continue to flirt with the 200-day EMA. Right now it looks like the market is still trying to move up. Unlike many others, this potential reopening has the added benefit of being the gateway to most Chinese companies that foreign investors want to pursue. If China opens up fully, that should continue to be a bit of a bullish catalyst for the Hang Seng, but it seems like we’ve been trying to see this market rally in terms of the idea of what could happen, so some of that has already been priced in. This is a prime example of „projecting the future”, which of course the market always tries to do. At this point I have to question whether we have enough momentum to continue the climb. I think we will do that to some point, but eventually we will start having new problems. Be very careful with position size. One thing you probably need to watch is that the market is between the 50-day EMA and the 200-day EMA, which often causes some pressure in one direction or the other. However, it looks like we’re trying to flip, so I think that’s probably a safer idea. In the short term, I think you’ll probably have more of a back and forth type of situation where we’re trying to figure out where to go next, and that might be driven by activities on the mainland. As we continue to flirt with the 200-day EMA, it’s probably worth noting that the HK$20,000 level is coming in as well, so that’s probably what I see as the biggest hurdle to overcome. Asian stocks in general have been kind of all over the place, so I think it’s probably a situation where you have to look at it through the prism of global risk appetite because there’s a lot of things that people are creating. should pay attention Regardless of what happens next, you’ll probably need to be very careful when sizing your place.