Stock Trading Tip #13
The Asian and European markets can be used as a possible guide to get an idea of which direction the US market is likely to go in. For example, if the Nikkei is down 3%, the DAX is down 2.3% then there is a strong possibility the US Futures and stocks will end up down overall. The US futures will have been trading down in their overnight session with Asia/Europe aswell, so there could be an immediate rally at the 9am open before moving down further.
Posted by admin on Jan 1 2010 in Learn Stock Trading Tags: 9am, Asia Europe, Dax, European Markets, Futures, Nikkei, Overnight Session, Rally, Stock Tip, Stock Trading, Stocks


