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 may hold a higher low around current levels to push up through 5910 as bargain hunters come out to play on the ASX. If the 5910 level holds, then watch for further downside. The US is closed tonight for Labour Day so we may expect to see some muted action. The DOW is holding below 28590 and may target down to 27570 but expect the market to be quiet until Asia opens. The N225 is holding the 23280 zone which we expect to see flushed on the open. The flush and hold of 22990 may be the pre-cursor to higher levels although I would expect to see a higher low hold prior. The Hang Seng is moving lower but holding the 24590 area for now. If price holds below 24780 on the open, then look for a move lower.

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SPI200 Index

DOW Index

Hang Seng Index

Japan 225 Index