Trading Plan for the days action 30/11/21

The SPI200/ASX200 both held below the days session highs but also above respective support zones. Watching the open to see whether bulls can continue higher through resistance or flush and retrace back into support. The DOW had a relatively choppy session with a flush early and then recovery into the US close. Watching for price to hold above 35005 and push up through 35300. The Hang Seng remained weak through the European and US sessions being weighed down by local issues. Price held around support between 23670 and 23770. Watching for a flush and rally or failure and selloff through support. The Zone is a big support area so things may get choppy. The Nikkei managed to hold some higher lows but was not so convincing on the upside. Watching for a reaction around 28260 or 28165 from buyers or a push into 28555 to see how sellers react.

Cryptos were stronger with Bitcoin holding a higher low at 56870 and looking set to push up into highs around 59250…watching for a higher low to hold for the entry setup. Ethereum was much the same as price pushes up into 4520 which is the key level today.

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SPI200 Index

ASX200 Index

DOW Index

Hang Seng Index

Nikkei Index



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