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SPI200 HANG SENG N225 and DOW Index CFDs
Time Frame : 5/30 Min Charts
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Watch Here for further Updates as the action plays out – Refresh Page during the day.
Pre-Market Plan
The SPI200 may see some carnage today into the weekend if price can not hold above 5818. Price may need to squeeze out some sellers first but we expect a negative open as retail react to the US move lower. The DOW is working up off lows at 27480 so we expect the support to hold into Europe open as bargain hunters try to pick the lows. The Hang Seng pushed down through 24174 and may drag in more sellers. Watching the Index open at 11:30am to see if buyers try to support the gap down again or whether weakness continues price action lower. The N225 looks the best of the bunch but prone to serious weakness down to 22883 if Asia falls apart. Selling pressure is holding down the action for now at 23256 so expect to see any pullbacks higher sold down again.
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SPI200 Index
DOW Index
Hang Seng Index
Japan 225 Index
