Trading Plan for the days action

SPI200 HANG SENG N225 DOW Index CFDs and Cryptos

Time Frame : 5/15/30 Min Charts

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Pre-Market Plan and KEY LEVELS and PRICE ACTION to watch

— Remember to work off Key Levels from charts —

The SPI200 held a test into 6939 prior to the US close which we expect to hold a flush (if any) on the open. If price just kicks off expect to see a test of highs around 6978. Knowing the SPI200, anything is possible on the open so only want to work off higher lows/lower highs around key levels. The DOW extended through resistance to test the highs at 33580. Price is extended so we expect to see momentum wane and buyers to lock away some gains into the US Session. Watching for a lower high off the level for a sell setup. The Hang Seng may find some resistance today after yesterdays run higher. Levels to watch will be 29120 and then up to 29335. If the Index holds below 29100 (from tradingview) then expect to work sells off lower highs potentially back down to 28300. The Nikkei (N225) extended into 29830 resistance which it has rejected previously…the difference is that MAs are now higher after 29625 held. We may see a spike above the level to trap some buyers and then a pullback to build a higher low. If price works down from the open off the level, then will still be watching for a higher low to trap sellers for a squeeze back up through the level.

Watching Oil and Copper today as they may get some buying interest if the USD grinds lower….Copper in particular as it is set to hold a higher low on the 30min timeframe.

Bitcoin and Ethereum moved up yesterday off lows with Bitcoin potentially set to hold below 58320 and build a major lower high. If price gets heavy then we will watch for a lower high and retest of 56890 at the minimum. Ethereum held up off 2048 but momentum is fading so we may also see a squeeze lower. Will need to see a lower high hold for sells otherwise the current 30min trend is up.

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SPI200 Index

DOW Index

Hang Seng Index

Japan N225 Index

Bitcoin

Ethereum