Tech bloodbath in Asia is brutal but UK is holding up, anyone else rotating right now?

[YieldSeeker Pao]

Ngl, waking up to the Kospi getting completely hammered and circuit breakers tripping brought back some serious PTSD from past corrections. When Asian markets bleed out like this with a 7 percent drop, you just know the contagion is going to spread across the board. We've all chased those tech ATHs and got burned holding the bag when momentum suddenly flips, so seeing this kind of washout isn't entirely surprising, just painful.

The interesting part here is how the UK seems to be acting like a bit of a safe harbor while the growth stocks are getting slaughtered globally. Back in the day, I used to try and catch falling knives in high-beta tech during sessions like this, but experience has taught me that capital preservation is king. Now, I'm scaling back risk, locking in whatever profits are left, and looking closely at defensive rotations. Risk management isn't just a buzzword; when panic selling starts, position sizing and tight stops are literally the only things keeping accounts alive.

Are you guys panic selling your tech bags today, or are you actually using this bloodbath to hunt for bargains in the UK market?

 

[Owen Carter 27]

Don't really care about the sector rotation story, I just follow the levels. FTSE is creeping right up into a massive daily supply zone at the moment. Unless I see a solid breakout candle closing clean above resistance, I'm definitely not buying into this rally. Chart looks tired up here.

 

[Zakami Ng]

FTSE is creeping right up into a massive daily supply zone at the moment.

Spot on @Owen Carter 27. Check the 4H chart too, classic bearish RSI divergence printing right into that zone while price pushes higher highs.

MACD histogram is losing momentum fast and the signal lines are flattening out for an imminent cross to the downside. Rotating into the FTSE right here feels like chasing a top, waiting for a pullback or a clean reset before touching it.