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

SPI200 continued its push higher during the US session and has extended the highs. Expect that the positive action overnight and the ASX break up through 6200 will lead to more bullish action in the near term as markets continue to focus on stimulus. Watch for a higher low to hold after the open for a run up through 6055. DOW is at an offer zone so may see some heat come out of the action tonight. It seems that it is a day up then a day down which would suggest some profit taking from buyers off the level…Asian open will be the key. The Hang Seng is finding resistance at 24265 which may lead to a downside push to washout some buyers. The Daily chart is extended but does not take another run up off the table so watching the action at the level on the open. The N225 found support at 23440 so expect to see some continuation higher off a higher low.

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SPI200 Index

DOW Index

Hang Seng Index

Japan 225 Index