Trading Plan for the days action

SPI200 HANG SENG N225 and DOW Index CFDs

Time Frame : 5/30 Min Charts

Watch Here for further Updates as the action plays out – Refresh Page during the day.


Pre-Market Plan

Expecting to see some weakness today in markets after they washout out some sellers first. Talk of US lockdowns may trigger some risk off today. SPI200 may need to push above 5870 on the open and clean out some sellers before further ASX200 weakness takes hold. DOW looks set to hold under 26580 and maybe 26450 so watching for a lower high to build. The Hang Seng has spiked on the open but this is not the futures pricing until 11:15am where we expect to see a lower high hold and see bears push lower to 24160. The N225 is extended so expect to see a squeeze on last weeks sellers before a move can play out.

SPI200 Index

DOW Index

Hang Seng Index

Japan 225 Index