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: , , , , , , , , , ,

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