Reliable way to spot early recession / market crash?
Do you know there is a reliable way to spot whether a recession / market crash is coming? It is not 100% but more reliable than many indicators out there. Watch the video to find out more! Also shared what to look out for next week!
Stocks tagged in the post has the technical analysis done in the video!
As always trade safe and invest wise!
Do subscribe to my YouTube channel for your once a week TA and market outlook!
https://www.youtube.com/c/investing101channel
$Futu Holdings Ltd(FUTU.US$ $Alibaba(BABA.US$ $NIO Inc(NIO.US$ $KraneShares CSI China Internet ETF(KWEB.US$ $Sea(SE.US$
Stocks tagged in the post has the technical analysis done in the video!
As always trade safe and invest wise!
Do subscribe to my YouTube channel for your once a week TA and market outlook!
https://www.youtube.com/c/investing101channel
$Futu Holdings Ltd(FUTU.US$ $Alibaba(BABA.US$ $NIO Inc(NIO.US$ $KraneShares CSI China Internet ETF(KWEB.US$ $Sea(SE.US$
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SooEng : Sold MSFT at 318.
but I misunderstood your message at SEA (going up above 200) and made a loss there.
Investing 101OP SooEng: Glad you sold at 318. Haha. But what happened for SE? I remember saying to be careful of it. Strong downwards trend.
SooEng Investing 101OP: I saw a separate post on 12/1 when you mentioned “SE technicals are indicating a short term buy now. Based off volume analysis, it has probably hit a good support at 160s and is now trying to do a short term reversal towards the upside. There is a good possibility for a swing coming in. “
Anyway, I cut it that evening when it didn’t look like it was going to hold. 5% loss. Dropped 10% that evening, so was the right decision to cut.
Investing 101OP SooEng: Oh. Yeah I posted tt in the morning. But that night it hit the resistance at 207 couldn't go up to close gap. Didn't look good. Gaps can act as resistance too. So if it doesn't break in to cover, it means it's falling back down
SooEng Investing 101OP: No worries bro. Coffee on you when Baba explodes up.
Investing 101OP SooEng: just hope it doesnt fall like the US indices tonight.. haha. US looks like might be painful tonight.
Machiavellis3rdEye : I thought we weren’t allowed to post promotional li links? Tried to help someone with a link and they removed it and I got a warning…. For you? No problem?