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 held below the 7243 zone into the US close to end relatively flat for the overnight session. Expecting to see price flush the highs and continue higher to add to Fridays gains on the ASX. The DOW may lack direction today as the major Indexes are closed for Independence Day. We expect price to grind lower off 34812 today. The Hang Seng is in no mans land between 28200 and 28690. Watching for a spike higher on the open and then a squeeze lower. If price flushes lower on the open, then watching the reaction of buyers at 28200. The Nikkei (N225) was caught between 28840 and 28740 for the European and US sessions. Expect that price will flush below 28740 on the open so the plan is to see if buyers are happy to again defend the level or not.

Crypto were well supported over the weekend as buyers pushed prices higher with Ethereum leading the way. Ethereum pushed up through 2285 and is currently trading around the same level. Watching for price either hold the level and continue higher off a higher low, or failure back below the level and a squeeze on buyers. Bitcoin also rallied but is holding below a key zone around 36400. Price is heading higher so we will be watching for a flush lower and then a lower high for continuation up.

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SPI200 Index

DOW Index

Hang Seng Index

Japan N225 Index

Bitcoin

Ethereum