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 spiked into the US close after a push below 6616. The move looks more like a washout of the support area rather than further weakness but the ASX session will be the tell. Watching to see if support comes into the ASX off 6682 and whether the SPI200 can hold a higher low above 6590. The DOW held 31100 well for the session but expect to see at least a stop hunt of the area and squeeze of sellers. The Hang Seng was range bound for the European and US sessions so watching for further strength today and work off higher lows. May flush 28205 on the open prior to a move up. If weakness comes in and 28320 holds, then watch for a lower high sell opp. The N225 was also well contained and consolidating above 28000. Watching to see if price will break and hold a move up through 28300 or flush and move lower.

Bitcoin and Ethereum both look ready for another squeeze lower as resistance holds so watching to see if lower highs can lead to a good squeeze on buyers.

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