I believe that with the rising tensions between the US and China, Japanese stocks, represented by the EWJ ETF, could benefit as investors might rotate capital into Japanese equities. This could lead to a short-term upswing as the market reacts to geopolitical shifts.

I've been significantly overweighting Japanese equities, especially after the recent 20% pullback which presented a great buying opportunity. I'm confident Japan's market will bounce back strongly, so I'm going long on EWJ for a promising swing trade. Commentary supports heightened interest and confidence in Japan's equities.