Trading Plan for the days action

SPI200 HANG SENG N225 DOW Index CFDs and Cryptos

Time Frame : 5/15/30 Min Charts

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


Pre-Market Plan and Key Levels to watch

— Remember to work off Key Levels —

The SPI200 is holding higher levels after a retest of 6605. It will be interesting to see if the open on the ASX will be sold into again today or whether bulls make a charge higher. Price may test up to 6636 on the open before some selling pressure defends the level. If 6605 is flushed on the open, the watch for higher lows. The DOW is extended higher and targeting 29943 where we may see a sell opportunity off the level. There is an inside minor higher low around 29850 that is holding up the action off 29764. The Hang Seng was flushed lower during the day session before making back losses into the US close. Price action may still be heavy around 26652 so we will have to see the open. Price is currently being held up at 26490. The Nikkei is looking heavy although 26698 will need to break for sellers to be triggered into action. Watch for a lower high off the level from a sell. If the level holds then expect an attack on stops above 26947….or it could just flush the zone on the open and drift lower like Monday.

Bitcoin and Ethereum are looking more supportive for a move up today as weakness did not fully eventuate yesterday.

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SPI200 Index

DOW Index

Hang Seng Index

Japan 225 Index

Bitcoin

Ethereum