Looks like China finally realized they're headed for a recession if the rest of the world goes into one. Hang Seng still has a way to go until it hits bottom, and at the rate this is going, probably next week.
Maintaining bearishness until end of next week, even though I expect an up day on Friday as shorts cover before the weekend.
Note that MFI is not oversold yet on the daily or my usual 4 hr chart. I had to post the daily chart just to find teh next support.
Maintaining bearishness until end of next week, even though I expect an up day on Friday as shorts cover before the weekend.
Note that MFI is not oversold yet on the daily or my usual 4 hr chart. I had to post the daily chart just to find teh next support.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.