China Bottom

Looks like China finally realized they're headed for a recession if the rest of the world goes into one. Hang Seng still has a way to go until it hits bottom, and at the rate this is going, probably next week.

Maintaining bearishness until end of next week, even though I expect an up day on Friday as shorts cover before the weekend.

Note that MFI is not oversold yet on the daily or my usual 4 hr chart. I had to post the daily chart just to find teh next support.