NZX 50 INDEX (NZ50G) Trading Plan

30 apr 2020

The Main New Zealand stock index reached a key structure level.
the price has already got rejected on a daily signifying the significance of the underlined zone for the market participants.

on 4H we see a narrow trading range with a potential lower high formation.

on focus in 10350 structure support.
in case of a bearish candle close below that, the index will drop
target levels will be: 9950 / 9450

good luck!