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 is finding resistance around 6628 as sellers cap rallies. Price also held a higher low at 6603 so we will be watching for a flush up through 6628 and then a higher low if bulls start to get active on the ASX. The DOW found resistance at 31150 to cap the action. It will be interesting to see how Trumps impeachment is taken by the market…maybe bring in some volatility. The Hang Seng spiked into the close which may be a sign from buyers that they are still in control. The open will see 28400 highs come into play as momentum is up. The N225 found sellers to cap the action up at 28510 which we will be watching for today for either a break and run or fade off the level…may see more range bound action as traders await news on US stimulus.

Bitcoin and Ethereum both look extended and may see some heat come out of the action. Bitcoin has pushed up through resistance while Ethereum is approaching a resistance zone. The questions is whether Bitcoins break will hold a retest and set up for a run on previous highs…either way the zones are the key for trades today.

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