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TradeTheStructure
Nov 26, 2021 1:19 AM

Asian Markets melting down and do not look healthy longer term Short

Hang Seng IndexHSI

Description

The Nikkei and Hang Seng along with my local ASX200 are well under pressure today and may see further downside in coming sessions. In the video I take a look at the daily charts for my major Indexes and discuss where I see the risk and how I will look to trade any downside if this weakness continues.
Comments
Tez8
I cannot see what you are seeing. S&P looks super strong and is in a powerful bull market.

Tez8
interesting review.
argentofrans77
Seasonals not supporting your roadmaps...chart indicators won't help you be consistant in this environment!
Tez8
@argentofrans77, harmonic indicators don't pick up market shocks in advance. Needs fundamental analysis for that.

Chart indicators can indicate when there excess greed in the market.
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