Trading Plan for the days action

SPI200 HANG SENG N225 DOW Index CFDs and Cryptos

Time Frame : 5/15/30 Min Charts

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Pre-Market Plan and Key Levels to watch

— Remember to work off Key Levels —

The SPI200 held off the 6641 area into the close which may prove too much today as sellers defend the level. If price flushes the level on the open, we may see some enthusiasm from buyers and a run to 6700. If not, then expect 6602 and 6568 to come under pressure. The Dow again moved lower off 30070 and may see some further selling today as buyers lock in gains ahead of Payroll employment data out tonight. Watching for a lower high and push down to 29765. The Hang Seng had a strong session yesterday to move up through 26644 and trade 26803 which it tested again in the US session. The area did see some sellers into the close so we may expect to see a further push lower on the open. Watching the 26644 area for buyers but if not, lower highs will take the action through to test towards 26486. The N225 was range bound as buyers are content for now above 26690. Sellers are active up around 26880 so I am watching for a flush of 26690 on the open and then a higher low and more range bound action.

Bitcoin and Ethereum found some selling pressure after a run up so we may see some unwinding today and lower highs holding for a short setup.

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SPI200 Index

DOW Index

Hang Seng Index

Japan 225 Index

Bitcoin

Ethereum