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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 closed around 6450 resistance so we expect to see some action here on the ASX open. A flush higher will be on the cards and then the question will be whether rice squeezes out traders on a pullback or rallies straight through towards 6484. The DOW rejected the 29518 zone so we may see a squeeze today on recent buyers and a move lower. If not, then price will continue up towards the 29675 area. The Hang Seng also closed around resistance at 26300 off a higher low at 26133. Expect to see a washout of the level on the open and then potentially an extension to 26473. The N225 also ended near resistance (there is a general theme and similarity to the charts) at 25675 and is extended into the level. If price flushes the level on the open then I expect a pullback with lower highs coming into play. The move up is held at 25390.
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SPI200 Index
DOW Index
Hang Seng Index
Japan 225 Index
