Trading Plan for the days action

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SPI200 HANG SENG N225 DOW Index CFDs and Cryptos

Time Frame : 5/15/30 Min Charts

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Watch our Discord Channel for further Updates as the action plays out

Pre-Market Plan and Key Levels to watch

The SPI200 continued the push higher but found some sellers up around 6640. Watch to see of the 6601 higher low holds on the open and for ASX bulls to continue the push higher. The DOW was sold lower all the US session so watching to see if buyers step in around 29765 to provide support. I want to see a higher low for entry long off the level. If lower highs hold then watch for extension down to 29500…over time. The Hang Seng found buyers back at 26505 after breaking the level in the Asian session. I am watching for higher lows to continue the push up. If the highs around 26700 hold then we may be seeing a major lower high playing out and a push down through towards 26290. The Nikkei found sellers up at 26935 but I expect to see the level flushed on the open to clean out stops and trap buyers for a squeeze lower off resistance. If price flushes 26860 on the open, then watch for a higher low and continuation up.

New is Bitcoin and Ethereum. Both look to be running into some weakness and may see a minor breakdown off highs today. I am watching the 18880 level on Bitcoin and 19150 sell zone to see if it holds. On Ethereum, the Sell zone that needs to hold is 604 leading to a long squeeze down through 586.

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