I may be running the risk of sounding like a ‘bear’ in a bull market, but all good things will come to an end sooner or later and it is always important to continually assess your risks…and in this case it would be the risk of a selloff with markets hovering around all time highs.
The Hang Seng and Nikkei are looking heavy and the local ASX200 could go either way from current levels. In the below video I run through the levels that I see as key and even talk through a potential short trade on the Nikkei that I am watching closely.
Watch the video for a more detailed breakdown of the price action and feel free to leave a comment.
Join Our Traders Discord Channel (email firstname.lastname@example.org for the link)
Updated Video (Previous below)
Previous Video from Nov 26th