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

— Remember to work off Key Levels —

The SPI200 managed a pop into the close as sellers during the session closed out. The two important levels are 6641 and 6679 for now. Sellers held the 6679 area overnight after the days selloff while support around 6641 also held. Watch for action around or off those two levels…chop will be in the middle. The DOW is grinding lower with resistance at 30170 and support around 29950. Price reacted off key highs at 30230 so watching to see whwn buyers step back in and hold a higher low or whether a deeper correction lower is on the cards. The Hang Seng was sold hard yesterday and setting up for another down day. Expect that bargain hunters may come into after yesterdays trend day lower. Watching 26370 and then 26280 to see some action or a higher low to hold for corrective action up. The N225 is being held down at 26250 into support at 26310 then 26250. Watching these levels for some action….lot of overhead resistance that may pressure price through support.

Both Bitcoin and Ethereum did find some weakness for selling opportunities and I expect to see some more today. If support on Ethereum at 585 can not hold, expect a solid push lower off lower highs. If it holds, then a short squeeze is on the cards. Bitcoin found sellers at 19250 to move lower but price is being soaked up at 18790 for now. Watching for a short setup and potential push below 18790.

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