Trading Plan for the days action

SPI200 HANG SENG N225 and DOW Index CFDs

Time Frame : 5/30 Min Charts

Watch Here for further Updates as the action plays out – Refresh Page during the day.


Pre-Market Plan

Expecting to see some weakness again today ahead of key US employment data and the lack of stimulus news from the US to keep the ball rolling. SPI200 is capped at 6002 and lacked any bullish action overnight even as the US rallied…may be the tone for the day. The DOW is expected to grind higher into the data release..as they know no other option. Watching 27214 zone. The Hang Seng rejected 25210 pretty hard yesterday so expecting the same negativity to flow through to todays trading and price to hold below 25005. The N225 may pullback to MAs on minor profit taking on the open then watching for a higher low to hold.

Also watching the USDJPY for a potential longer term squeeze higher and DAX for weakness.

SPI200 Index

DOW Index

Hang Seng Index

Japan 225 Index