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 Hang Seng is the main focus for the day as price looks set to run down through 24905 so a good short may be on the cards if a lower high holds. The DOW may need to build off 26638 and squeeze out some sellers before the bears step back in for a push lower…price is struggling though with major highs in place at 27163. The SPI may rally on the open to squeeze out some sellers but I can not see a bullish day considering our deficit news and the US markets overnight.

SPI200 Index

DOW Index

Hang Seng Index