Key Stockmartkets Holding Steady.
Key Stockmartkets Holding Steady.
World Indices and Gold using CCI Simple Trading strategy and Avg Down.
This week's summary we Focus on some key world markets and how they are reacting so far to the Evergrande crisis. As I said in my recent videos, there will be consequences from the collapse and debts owing by Evergrande and how the Chinese communist party will likely force the Chinese banks to bail out Evergrande, However there are now signs of other debt occuring in other industries such as the key Tech giants in China who have also seen massive declines in their shareprice. The Poo show is only beginning.
Using a Daily price chart, we review the weekly progress of the indexes: ASX200, US500, Germany 30 (DAX), FTSE 100, China 50 (Xinhua) & Gold. Showing any new open and closed positions, profitability and draw down requirements.
Supporting videos:
Become a PetesInvesting Patreon member with same day updates on
https://www.patreon.com/petesinvesting
Money Management:
https://youtu.be/nvvcldeeZS4
Average Down Do's and Don'ts
https://youtu.be/SZbh2Me4kq0
Simple Trading Strategy with CCI and Avg Down technique
https://youtu.be/w35_YtV4YQU
Simple trading strategy https://youtu.be/ibVzRwCX-3Q
Average Down Strategy https://youtu.be/RFCb5S78D8o
#ChinaIndex #chartworldindices #Averagedown #DailyTrades
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