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SPI200 HANG SENG N225 and DOW Index CFDs
Time Frame : 5/30 Min Charts
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Pre-Market Plan and Key Levels to watch
The SPI200 had a bit of a whipsaw into the US close but managed to put on further gains from the ASX close. I expect to see bullishness again today and a ramp from the open. Price may flush lower on the open to clean out some buyers and then look for higher lows. The DOW pushed up through the 29510 zone and seems a little extended so we may see some heat come out for a retest of the area prior to another leg up as vaccine news supports bulls. The Hang Seng was sold hard on the open yesterday from 26650 and then held a lower high at 26530. Buyers are stepping in but I expect to see another extension lower towards 26275 as the HSI is extended into resistance. The N225 found sellers at 26055 but is in an uptrend which is expected to continue today. The 25864 level will need to hold and a higher low stick for buy entries.
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SPI200 Index
DOW Index
Hang Seng Index
Japan 225 Index
