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 pushed up into resistance around 6782 into the US close and made back most of the losses from the day session. We expect to see a reaction lower from the level but will not discount an extension to 6800. Either way the 6782 level will be key around the open. The DOW may have a quiet session as they are closed tonight. Price is extended into 31500 so expect the level will hold today. The Hang Seng is closed for trade today. The Nikkei (N225) seems stretched into recent highs around 29675. We would expect to see some selling off the level on open but will be watching closely.

Bitcoin had a good weekend to trade up towards the 50K level. Price may need to flush out some buyers first but we can not discount the power of the buyers after Bitcoin has been splashed all over the media. Watching 49100 zone. Ethereum does not look as enthusiastic but has lifted off 1785. Expecting to see an extension up early but for price to hold with the longer term contraction zone.

Join through Discord for Intraday trading Updates (email support@tradesetup.com.au for the link)

SPI200 Index

DOW Index

Hang Seng Index

Closed for Trade

Japan 225 Index

Bitcoin

Ethereum