Daily BriefsTechnical Analysis

Daily Brief Technical Analysis: Top Shorts in Asia and more

In today’s briefing:

  • Top Shorts in Asia

Top Shorts in Asia

By Thomas Schroeder

  • Top shorts in Asia are HK, Tiawan and recently turned short Korea. US bear pressure will bleed into Asia today. India turned short at 18,000 for a test on 17k.
  • Majority of Asia saw deteriorating buy volume on the rise from July, defining a bear market bounce and warning of trouble in September. NDX short from 13,900/700.
  • NDX breakdown a key input for Asia’s tech themed decline. Staying below 13,000 will add to bear pressure in September.

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