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 is holding just below the 5984 level which we expect to see broken on the open. Watch for a higher low on the lower tieframe chart to hold for confirmation that buyers are making a charge higjer. The Hang Seng is holding around an offer zone at 23605. Watch a retest hold for a buy and retest failure for a sell but both off a shoulder. The DOW may see some profit taking today although we expect to see the index generally hold up until the end of the US fiscal year. The N225 close just above the 23520 level whcih may lead to a move to or through 23610 on the open as the Nikkei has seen some strong opens lately. Watch for a lower high for sells in a stretched market or a higher low for continuation up.

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SPI200 Index

DOW Index

Hang Seng Index

Japan 225 Index