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 rallied back off the days lows in a thin market overnight. Price may flush 6643 to clear out some stagnant buy stops so we will be watching the action after for a move down off lower high or a pullback higher low to hold. Price is extended so bias is down for now. The DOW hovered around 30790 so will be watching for the level to either hold or fail. The Hang Seng went up into resistance and then flatlined with no direction from US. May see a squeeze lower on the open as price is extended into key resistance. The Nikkei (N225) found buyers off 28180 so we watch for a test of the level potentially today. Price is being held down at 28430 so a break of this level will lead to a stop run higher.

Bitcoin and Ethereum both were contained overnight. Ethereum is being held down around 1250 but looks ready to flush up to 1280. If 1250 holds then watching for a run lower. Bitcoin flushed up through 36600 and then closed back below the level. Weakness looks to be creeping into the price action so on watch for a lower high and move down.

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