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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 and Key Levels to watch
The SPI200 held lower highs into support at 6371/79. We expect to see a flush of some late sellers on the open and push higher. If lower highs start to hold, then we may look for a move down through 6371 into the weekend. The DOW also held lower highs with the anchor to the trend down being at 29311. Expect to see a bit of chop today between support at 28888 and 29311 after price was supported into the US close. It seems that the theme is that the downside is capped by vaccine hopes and up side now capped by virus and lockdown concerns. The Hang Seng held the 26463 zone on the open yesterday and then found pressure from sellers later in the asian session. Watching today for further weakness so will be watching for a lower high to hold below 26305. If not, then price may work back up off the 25965 zone. The N225 seems to have decoupled from other markets as price recently extended up through major resistance. The action is being held down at 25476 and held up at 25143 for now. Watching to see a lower high below 25476 and continuation lower.
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SPI200 Index
DOW Index
Hang Seng Index
Japan 225 Index
