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 moved lower as Europe and the US came under pressure. Watching to see if the flush below 6800 will continue or hold above the levels. The 6818 level is the current anchor down and was retested into the close. Lower highs off the level for sells and higher lows for a rally through. The DOW is in favour compared to SP500 and Nasdaq. Price rejected 31440 and may make its way back up to 31710. The Hang Seng was all one way action yesterday and may be targeting right up to 31750 on a daily basis. Would not be surprised if we see some pressure today so will be watching 30820 and 31080. The Nikkei (N225) is holding between 30430 and 30180. Watching to see if 30430 can hold for some pressure on buyers.

Bitcoin consolidated the gains above 50K….not the use case for Bitcoin that is driving it higher but it has the wind in its sails. Price may retest the 51735 area for a continuation buy as we expect a flush lower. Ethereum is not as bullish as Bitcoin and is holding below highs around 1862. Watching the area for a retest buy or a fade down off the zone.

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