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 had a big night only seeing selling pressure into the close after the shenanigans in Congress. Price may need to clean out some buyers on the open but expect to see some bargain hunting into the ASX yesterdays concerns are erased. The DOW weathered the selling pressure well and ended the day with solid gains. We may see some profit taking during the day and a grind lower. The Hang Seng ending the Futures session on its highs around 27800. CFD prices have been hit more on stop chasing than US selling pressure. Expect to see an open higher so we will be watching the 27800 level and 27560 area for action. The Nikkei (N225) reacted off 27450 showing confirming the zone. We will be watching the 27450 and 27275 levels for trade setups.

Bitcoin and Ethereum continued higher holding higher levels. Bitcoin is anchored around 34310 so watching to see how buyers react on pullbacks for longs or an exhaustion move up to work a sell off lower highs. Ethereum is finding resistance at 1210 so we may see a grind lower off the level.

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