PHTN currently short with a swing low of 40.59 x 1.03 = 41.81 rounds up to 41.88 for our long reversal. PCLN went short with a swing low of 20.62 x 1.03 = 21.24 adjust up to 21.25 for a long reversal. SINA started short and the short to our profit target (38.20 x 0.97 = 37.05 adjusts to 37.13) so now looking for a long off the low x 1.03. SOHU started short and currently holding in that direction with a low of 32.63 x 1.03 = 33.61 adjusts up to 33.63 for a long reversal at this time.

JCOM currently short with a target of 27.50 (28.31 x 0.97 = 27.46 and we round up to the nearest 1/8th to calculate a short target so 27.50) and that has just hit. Now looking for a trade #2 long off the low which is 27.50 so far x 1.03 = 28.32 rounded up to the nearset 1/8th to go long or 28.38. JBLU currently long. NTES went short current swing low is 40.81 x 1.03 = 42.03 round up to nearest higher 1/8th for a long reversal or 42.13. The profit target is 41.27 x 0.97 = 40.03 and we round up to the nearest 1/8th or 40.13. NFLX flat. NTLI flat.