Trading Plan for the days action

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SPI200 HANG SENG N225 DOW Index CFDs and Cryptos

Time Frame : 5/15/30 Min Charts

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Watch our Discord Channel for further Updates as the action plays out

Pre-Market Plan and Key Levels to watch

— Remember to work off Key Levels —

The SPI200 made back the lost ground from the day session but again found sellers at the 6716 zone. If we see a flush lower, I would expect to see a higher low hold and a run at 6746. If a flush up on the open is followed by a retest and hold of 6716, then expect the same result and move up early. Employment data out at 11:30am may contain the bulls. The extended to 30290 as expected and found sellers again to cap the action. The move down through 30150 will bring in some more sellers so we may see the index grind lower until Europe opens. The Hang Seng may be setting to extend up through 26567 on the open. If the level does hold then I expect to see a grind lower. The Nikkei lacked enthusiasm yesterday but may hold 26725 for an extension up to 26910 again. If the level does not hold then watching for lower highs down to 26633 and potentially below.

Bitcoin and Ethereum kicked off with a bang as Bitcoin charged higher and dragged other pairs along for the ride. Both are stretched so for new entries, I would like to see some heat come out of the action and a constructive higher low build.

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