Analysis:
Buying support on NK.
Upside:
- Closed above Diff R/L
- Closed above TAOS S/L 10495
Downside:
- Downside TSC (UB 10470, LB 10265)
- Upside sparrow W%
- Failed Hole Theory
Trading Plan:
- Long NK if it trades above 10470 and above OP
- Short NK if it trades below 10380 and below OP
Analysis:
Overall selling pressure but signs of support on HK.
Upside:
- Upside candle
- Tested but closed above V3Go SC
Downside:
- Downside TSC (UB 20105, LB 19897)
- Downside croc maiden crossing W%
- Tested but closed below Diff R/L
- Closed below V3Go SC
Trading Plan:
- Long HK if it trades above 20213 (SC) and above OP
- Short HK if it trades below 19897 (LB) and below OP
Analysis:
Strong buying pressure on STI
Upside:
- Upside TSC (UB 2659, LB 2626)
- Closed above Diff R/L
- Closed near DH and above Prev DH
- Closed above TAOS R/L (2632)
Downside:
- Upside sparrow W%
- W% near extreme
Trading Plan:
- Long STI if it trades above 2626 (LB) and above OP
- Short STI if it trades below 2619 (SC) and below OP
Analysis:
Buying pressure on DOW.
Upside:
- Closed above DT TSC (UB 9533, LB 9435)
- Upside croc W%
- Closed above Diff R/L
- BHP on downtrend
Downside:
- Closed below Prev DH
- W% near extreme
Trading Plan:
- Long DOW if it trades above 9604 (BC) and above OP
- Short DOW if it trades below 9533 (UB) and below OP
CK
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