Tag Archives: clobbering

Not much to trade for eve of Dec 4 after US market clobbering

 

For Dec 4, the USA markets took a clobbering with a unknown of the US China trade talks at the recent G20 in Argentina. When you look at the 3 asset classes, it is hard to find what is decent working with. As it stands, Asia has held fairly trong including the indices for Hong Kong, India, and China. Do note that there is still some downside risk as either the charts show no upward momentum or higher probability of whipsaws to go against you.

As said, forex and crypto is just to random at this point to measure which to forecast as there is no form of predictability. I can say that 3-5 PM Eastern Standard Time seems to offer some opportunity in the New Zealand and Australian crosses leading in to those markets that will open. I have seen that for the last few days.

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!