China 50 creating a Ascending triangle formation, watch out for divergences going ahead on RSI and price action. Also, ROC over 0 In the positive direction may encourage upwards trend and otherwise in case of sub zero.
Watch out for trends on movements
We are approaching climax and breakout zone and in the Set up stage now . Interestingly, on Daily charts, CQQQ, the technology index for CQQQ tried to make an upward move but came back in zone too. but approaching climax zone. It will nice to see how they all develop going ahead.
Look out for more in this space
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