Price action Entry Setups Intraday – Index Plan Update

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SPI200 HANG SENG N225 and DOW Index CFDs

Time Frame : 5/30 Min Charts

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

Update 12:20pm – Looking for weakness into the Hang Seng to drive down to the lows. Will need to see a few 5min Candles hold around current levels first.

Update 12:25pm – May be a Buy Op on the DOW through 26680 with a 25 points Stop Loss.

Update 12:38pm – Sell Hang Seng through 24805 as long as price holds highs around 24840in the next five mins…50 point Stop Loss.

Update 12:49pm – Hang Seng Short at 24805….Move Stop Loss down to 24845.

Update 1:00pm – Take Partial at 24750

Update 1:04pm -Move Stop Loss to 24780

Update 1:07pm – Move Stop Loss to 24760

Update 1:09pm – Move Stop Loss down to 24730

Update 1:17pm – Close Hang Seng at 24680 or 24710

Closed Hang Seng +55 and +125

Pre-Market Plan

The HANG SENG again looks set for further weakness from the open. The SPI200 was a grind higher overnight so watching for more of the same action today with a bias up. The DOW may hold 26638 so watching for a sell setup. If price breaks through the level then watching for a retest buying opportunity. New is the N225 Index which is holding above 22636. The longer term trend is down but price may drag in more buyers on a spike higher before finding selling pressure again.

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