Analysis:
Strong Selling Pressure on DOW
Upside:
- Upside TSC (UB 9968 UB, LB 9871)
Downside:
- Closed below Upside TSC
- Downside croc maiden crossing W%
- Closed below Diff S/L
- Peak Theory
- Failed Hole Theory
- Change in ROC
- BHP on Up Trend
- Closed below TAOS R/L (9820) and TAOS S/L (9779)
Trading Plan:
- Long DOW if it trades above 9871 (LB) and above OP
- Short DOW if it trades below 9748 (SC) and below OP
Analysis:
Selling Pressure on HK
Upside:
- Closed above Diff S/L
- Closed above PDL
- Tested but closed above V3Go SC
Downside:
- Downside TSC (UB 21701, LB 21476)
- Downside croc W%
- Closed below V3Go SC and BC
- Change in ROC
Trading Plan:
- Long HK if it trades above 21701 (UB) and above OP
- Short HK if it trades below 21581 (BC) and below OP
Analysis:
Selling Pressure on STI
Upside:
- Upside TSC (UB 2711, LB 2681)
- Closed above Diff S/L
- Failed Peak Theory
Downside:
- Upside sparrow W%
- Tested but failed V3Go BC and Diff R/L
- Change in ROC
Trading Plan:
- Long STI if it trades above 2693 (BC) and above OP
- Short STI if it trades below 2681 (LB) and below OP
CK
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