After some thought, I decided to close my short position on Tesla and am now going long on Tesla and the FTSE China 3x leveraged ETF.

Let's not talk about the reserve requirement ratio cut. Instead, let's discuss when to exit.

1. Institutional positions are also trapped. If they give you money now to average down, we can roughly estimate their cost basis. It's best to exit before they take profits, around 10-30 points.

2. Currently, A-shares are definitely seeing large-cap quality stocks leading the rally, followed by tech stocks. Once small and mid-cap tech, biotech, and steel stocks start 📈, it's time to consider exiting.

3. The national team has bought a large amount of CSI 300 ETFs, using them as collateral at the central bank to swap for government bonds. They then sell the bonds at high prices to suppress bond yields and gain cash. Lower bond yields benefit stock valuations. The national team then uses the cash to buy more CSI 300 ETFs, while the collateral ratio for CSI 300 increases. This cycle repeats.

What was originally toilet paper is now being exchanged for cash at the central bank—way beyond expectations.

$Direxion FTSE China Bull 3X(YINN.US)$Tesla(TSLA.US)$TSLA 2X Long ETF(TSLL.US)