Trading Plan for the days action

–

SPI200 HANG SENG N225 DOW Index CFDs and Cryptos

Time Frame : 5/15/30 Min Charts

–

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 flushed the 6689 level into the close of the US session as sellers went on a Stop Loss hunt. I will be watching this level to see how buyers react on the open for either a push to 6674 or for a higher low to hold and push higher into the close…favouring a rally to end the week. The DOW spent most of the time consolidating around the 30290 zone which would suggest a rally triggered from trapped shorts…Moderna FDA approval news may support the action. The Hang Seng reacted lower off 26684 resistance. Watching for a retest of 26567 and longs or for a push up through and either a retest and hold for longs or a failure short…working the levels. The N225 is finding sellers into 26855 but is holding higher lows into the level so expect it is only time before a break up and stops to be the fuel for a push higher.

Bitcoin and Ethereum backed off from highs after a strong run up as would be expected…gains being locked away. The momentum on both looks set for a swing up so biased long and will be working off higher lows for confirmation.

–