Margarine

China50 doesn't look good.

Short
Margarine Updated   
OANDA:CN50USD   China A50
China 50 looks pretty bad. Hope it's nothing serious.

The MegaMACD consists of simple modifications to the normal MACD, and has all the trend nonsense taken out.
It's singularly useful to quantify the "strength" of impulses. If it's not doing what price is doing (like here), then something is awry.

There are other reasons to short this thing outside of the MegaMACD bear div, but those aren't included.
Comment:
Move stops closer to break even
Comment:
first target hit, move stop of second trade to break even
Trade closed: target reached:
First target was hit in April, second target was stopped at breakeven.
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.