Technical Analysis – CHI 50 index extends gains above 200-day SMA
China A50 index (Cash) in the latest sessions lunged over the flat 200-day simple moving average (SMA) and the 13,692 high, reviving an improving picture. The recent upturn in the 50-day SMA suggests further advancements, as do the rising Ichimoku lines, which reflect growing positive momentum. Additionally, the MACD in the positive zone has pushed […]