China tech breaking up - how to play it

KWEB - we have been waiting for you

Chinese tech and internet remains one of the more interesting "convexity" trades for 2022. KWEB closed above the long term trend line for the first time in forever. Not only that, it closed above the 50 day moving average. People have been washed out in Chinese tech and there are few willing to dip their toes again. The psychological set up is extremely interesting.