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SPI200 HANG SENG N225 and DOW Index CFDs
Time Frame : 5/30 Min Charts
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Watch Here for further Updates as the action plays out – Refresh Page during the day.
Pre-Market Plan
The SPI200 was sold hard into the US close but did bounce off 6084. Watching for two scenarios…a retest and bounce off support for a rally or a lower high leading to a move below the level. The DOW is starting to break down so watching for further weakness into Europe which is expected to open lower. The N225 was also sold hard into the US close off 22490 after yesterday breaking up through 22630. We expect to see a retest of 22630 so will be watching for buying interest and squeeze higher. If the open is very weak, then go with the flow lower. Expecting the US close sentiment to flow into the Opens today. The Hang Seng will need to hold 22746 for bullish action so watch for a higher low off the level. If there is clear weakness on the open, then a move down to 24488 is on the cards.
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SPI200 Index
DOW Index
Hang Seng Index
Japan 225 Index
