Trading Plan for the days action

–

SPI200 HANG SENG N225 DOW Index CFDs and Cryptos

Time Frame : 5/15/30 Min Charts

–

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 was hit again into the weekend although found some buyers to lift price back above the 6500 area into the US close. Watching to see if markets continued to be spooked by the Hedge fund vs Retail war or whether they go bargain hunting today after Fridays selloff. The DOW move into lows around 29880 where buyers held price into the close. Watching for a flush of the level but for it to hold into the close. The Hang Seng was range bound in the European and US session…very wide range though…between 28155 and 28450. Momentum is down so watching for continuation or a spike higher and short squeeze from the open. The Nikkei is also under pressure being held below 27950. Today will be about continuation or short squeeze back above 27950.

Bitcoin and Ethereum were ramped higher in the European session only to give up the gains and drift lower over the weekend. We are now watching to see how Bitcoin reacts around the 32000 zone to see if buyers are going to hold support. Ethereum is hovering above 1284 so watching for support or further downside.

–