Trading Plan for the days action

SPI200 HANG SENG and DOW Index CFDs

Time Frame : 5 Min Charts

Watch Here for further Updates as the action plays out


Pre-Market Plan

The DOW is trending higher but is pausing at the 27035 zone so we expect a squeeze lower before potentially seeing a rally. The action may be muted until the Hang Seng opens which will see some volatility. The Hang Seng may hold a higher low at 25028 and trade to 25242 which we will be watching to see the reaction from sellers to see if there is still some negativity around. The SPI200 drifted up off the lows at 5996 and is aaround the same levels as the 4:30pm close. Watching for a washout lower to hold a higher low for continuation up.

SPI200 Index

DOW Index

Hang Seng Index