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 on charts and SEE THE TRADE first —

The SPI200 rallied from the day sessions close into 7312 which we expect to see flushed on the open. From there, we expect to see another drift lower into the weekend so will be watching for a lower high. The DOW rejected the 33680 level after a spike into the zone. Sellers may not be finished yet but we expect to see some back and fill and a squeeze on shorts today and a move higher. The Hang Seng is up at 28635 that is expected to be worked on the open. If price can break and then hold a pullback above the level, then longs are on the cards. If it becomes a flush and fail of the level, then watching for weakness. The Nikkei (N225) is playing around the 29210 area after holding a higher low around the 29000 level. We expect to see some sellers put the squeeze on recent buyers so will be watching for a lower high to come into play. If not, then working longs off higher lows.

Crypto came under some pressure as prices grinded lower. There was not as much weakness as would have been expected on the back of the USD rally. Watching Bitcoin around the 37700 level for either a lower high and break or a higher low off the level. Ethereum is much the same off 2296.

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SPI200 Index

DOW Index

Hang Seng Index

Japan N225 Index

Bitcoin

Ethereum