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 fell away from the days highs but managed to hold up off 6735. Price may be starting a contractive move lower to squeeze out some buyers so watching for a break below 6735 if 6773 holds. May be a muted session into the weekend. The DOW held 31225 but looks to be consolidating below the level which suggests a break higher if 31055 holds. The Hang Seng held up off 29815 as bulls seem intent on jamming price into resistance around 30260. Price is well and truly stretched on the daily but momo is up so on guard for a spike lower. The N225 (Nikkei) held below 28795 and may see some selling pressure and move lower if prices fail from 28650 on the open.

Bitcoin and Ethereum were hit overnight and again in the last few hours on a bought of profit taking as the recent move stalls and starts the process of squeezing out buyers. Key level for today on Bitcoin is 30400 and Ethereum is 1135.

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