Trading Plan for the days action

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 lacked any volume overnight as the US go into a long weekend. Price pushed down into support around 6623 which we will be watching to hold on the open and a flush higher to drag in fresh buying interest. May be a quiet day as traders consolidate. The DOW may lack any enthusiasm today but watching the 29810 level to hold. If this breaks and holds a lower high it is a long way down. The Hang Seng held below 26850 after a very choppy day session. We may see more of the same today with no lead from the US. Watch the open for a spike to 26850 of down to 26634 and work the levels. The N225 held an inside level at 26395 that is the anchor to the trend up so if this breaks a major lower high at 26585 may be coming into play to give some opportunity on the downside.

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SPI200 Index

DOW Index

Hang Seng Index

Japan 225 Index