Watching the Hang Seng, it figures to open higher again after that rough Tuesday session. The index got hammered down 491 points to 26,590, but honestly this kind of bounce pattern figures to be pretty typical after a sharp drop. Tech and financial stocks took the beating, though some property plays held up okay.

What's interesting is the mix of movers - Alibaba down 2.76%, Meituan crashed 4.24%, but then Lenovo popped 1.71% and Henderson Land rallied 2%. You get these days where it figures to be more about selective buying than broad recovery. The bigger picture though - Wall Street actually had a solid day, Dow up 0.76%, NASDAQ up 1.04% with semiconductors leading. That kind of strength figures to carry over here.

So yeah, the bounce figures to happen, especially with tech potentially finding some footing again. Consumer confidence in the U.S. came in better than expected too, which doesn't hurt sentiment. Just watching to see if this holds or if we're setting up for another leg down. Either way, these swings figure to keep traders busy for a while.