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 pushed up into highs which I expect to be flushed on the open. The ASX will open up positive so we will be watching for selling during the day with US payrolls out tonight…which could trigger some volatility. The DOW broke out yesterday and may continue up through 31125 but we expect some heat to come out of the action first around the level. It may extend to 31280 first so will be working off lower highs for a short and higher low for the extension. The Hang Seng consolidated around the Index close…for the futures price. Will be watching to see if price can hold an open above the 29120 level and push up to yesterdays highs. If not another selloff may be on the cards. The N225 extended into 28675 which will potentially be washout on the open so higher lows for continuation up or a lower high for a short.

Ethereum and Bitcoin are heading lower on some profit taking off recent highs. Watching to see the move down find some buying whether off support or a higher low. Ripple could be in for another big move up…watching the 30min chart.

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