If we look at the Hang Seng Index, there is room for ongoing growth because it is above the 200 EMA on the Weekly. Nevertheless, it was a Bazooka Pump. If China really wants to push much higher without a temporary high, there must be more power. This will only come at a major support. Indicating at about 18000 and holding this trendline, this should push the index and the stocks higher. However, there is a short-term deflation risk in China. This Szenario shouldn’t benefit the counted stocks in China right now!