Beware of China Bear long run, this ETF has been steadily improving its cash flow since September, even from the beginning of the year if you use MACD, you can notice that on many indicators including MACD, you can clearly see that something is cooking, yes the volumes are still in bearish territory but they are really close to breakout. Keep an eye on YANG.
Note
P.S.There are many other indicators that are being used for this TA, the above snapshot is only an example.
Moreover, I've been doing technical analysis for quite some time, and I'm neither bullish nor bearish, I'm a swing trader who likes TA. And as you should know - always make your own choices.
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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.