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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 was pushing back into the highs around 6498 at the close of the US session. The anchor for the trend up is at 6472 which we would expect to see hold today considering the bullish sentiment….as long as the ASX can remain open. Watching for higher lows to hold but will be watching to see the action on the open and whether traders washout the 6498 area prior to the ASX getting underway. The DOW pushed through the 29935 area into the close and we expect this may trigger an extension today to 30072 highs. The move up is extended so be on guard for some heat to come out and a move lower. The Hang Seng continues to kick higher although is being dragged up in the US sessions. Price is holding a higher level but we will be watching for a long squeeze on buyers and move down through 26450 potentially. If not, then its going to be higher lows for a run to 26690 and above. The N225 ended up into highs around 26215 so expect the level to be flushed on a stop hunt above. From there, expect bullish action to be off a higher low and a lower high leading to corrective action down to 25989.
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SPI200 Index
DOW Index
Hang Seng Index
Japan 225 Index
