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 from charts —

The SPI200 is holding just below the 6813 area with Momo and Stochs poised for a flush of the level and spike on the open…which is the norm at the moment. If the level holds then we are watching for a run lower into the close. The DOW is starting to get heavy although has not broke any key levels for us. A sneaky inside higher low held at 31295 which we expect to be tested soon. Expecting highs at 31710 to hold for now and the pressure to come from the sell side. The Hang Send saw some decent selling yesterday as the Index broke the recent uptrend. Expecting to see more on the open which may see a decent squeeze lower. For the open the key level we see is at 30315 and the lows from overnight at 30175. The N225 is on the move lower with the key level on the open at 30180. If this is flushed then watching for a lower high and pressure towards 29550.

Bitcoin stalled as price held below the recent highs at 52580 and is now finding another inside lower high at 52250. If the 52250 area holds we may see some selling pressure to squeeze out some longs. Ethereum played catchup to the Bitcoin rally to break into new highs. The trend is your friend so will be working off higher lows with trend up. If price holds a lower high then a squeeze lower may be on the cards.

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