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

The SPI200 rallied overnight off the days lows so we are looking for continuation higher as commodity prices were supported by a weaker USD. Want to see the 6044 level hold and a higher low build. RBA Monetary Policy Meeting Minutes out at 11:30am. The DOW moved lower off the 28005 resistance. Key level is now 27830 so watching to see how buyers and sellers react at the level but a break may lead to further selling. The Hang Seng may continue on with the positive sentiment from yesterday after stimulus. Support is at 25324 so we will watch for a washout lower on the open and then a higher low to build. The N225 flatlined overnight after economic data out yesterday disappointed. Will watch the action on the open with the two levels we are watching at 23185 and 23080.

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SPI200 Index

DOW Index

Hang Seng Index

Japan 225 Index