Taking a Chance with China

$KWEB

Has the financial media struck again? From 3 days ago.

Possibly. The KWEB 0.00%↑ is trading above a flat 200 day and the AVWAP from a local high on the first of this month. I like the setup here, as I’ll know quickly if I’m wrong (not owning below the 200 day. The KWEB 0.00%↑ is about the in the middle of its 2023 range. Taking a shot on the long here.