Analysis:
Selling activity on DOW
Upside:
- Tested but Closed above V3Go SC
Downside:
- Downside TSC (UB 9824, LB 9714)
- Downside croc maiden crossing W%
- Closed below Diff S/L
- Change in ROC
- Failed Hole Theory
Trading Plan:
- Long DOW if it trades above 9824 (UB) and above OP
- Short DOW if it trades below 9818 (SC) and below OP
Analysis:
Buying Support on NK
Upside:
- Closed above PDL
- Upside croc W%
Downside:
- Downside TSC (UB 10325, LB 10205)
- Tested but closed below Diff R/L
- Change in ROC
Trading Plan:
- Long NK if it trades above 10350 (BC) and above OP
- Short NK if it trades below 10325 (UB) and below OP
Analysis:
Selling pressure on HK
Upside:
- N.A.
Downside:
- Downside TSC (UB 21665, LB 21405)
- Downside croc maiden crossing W%
- Closed below Diff S/L
- Change in ROC
- Closed near DL and below PDL
Trading Plan:
- Long HK if it trades below 21665 (UB) and above OP
- Short HK if it trades below 21562 (LB) and below OP
Analysis:
Strong selling pressure on STI
Upside:
- Decreasing -ve ROC
Downside:
- Downside TSC (UB 2651, LB 2623)
- Downside croc maiden crossing W%
- Closed below Diff S/L
- Closed below 2 V3Go SC
- Closed at DL and below PDL
Trading Plan:
- Long STI if it trades above 2651 (UB) and above OP
- Short STI if it trades below 2638 (SC) and below OP
CK
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