Since breakout from triangle / descending wedge (see weekly chart), China A shares has gained ~20%
Long term bull probable, but short term overbought
Over last three month's highs, MACD and RSI both showed marked divergence
Correction likely coming, which could last over a month
Long term bull probable, but short term overbought
Over last three month's highs, MACD and RSI both showed marked divergence
Correction likely coming, which could last over a month
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.