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 has pushed up off the 6074 area after selling down overnight. Expect to see a spike up and then some weakness to come in or a washout buyers off the lows and then 6074 come under fire. The Hang Seng went sideways while other Indexes were rallying during the Asian session and managed to hold support as markets came under pressure into the start of the US session so we are bias up for a break through 25627 and 25756…watching for a higher low. The N225 gave up some of the days gains on a pullback so expect there may be some more weakness on the open. Watching for a higher low above 23040. The DOW found buyers around 28115 so this area needs to hold for higher prices. The ramp may continue today so we will see what pans out.

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SPI200 Index

DOW Index

Hang Seng Index

Japan 225 Index