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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
SPI200 was buoyed by the bounce in the US and saw some minor profit taking into the close of the overnight session. Price may struggle to get up through 6204 although that will depend if there is some QE overflow buying in the ASX today. If a lower high holds expect some weakness into the close…open is important to gauge sentiment for the day. The DOW is up at resistance zones after a strong bounce from a negative open. If the 28530 a zone holds today, we may see some profit taking from the run up and a lower high lead to a move down. The Hang Seng basically closed where the Index ended at 7pm to weather the European selloff well. Will be an interesting open to watch to see if there is further negativity into the underlying index. The N225 has reacted lower off 23530 which may provide some resistance…in saying that I expect to see a washout of the level then will be watching to see if we can expect some strength or another selloff.
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SPI200 Index
DOW Index
Hang Seng Index
Japan 225 Index
