Weekend Wall Street / Out of Hours price is up 190 points (21:00 UK Time) if anybody needs to consider their strategy before the Open at 23:00 today (UK time).
Whooppeeddoo … hope it carries on all week!! 😉
US Markets open on Monday so DJI etc will open at 11 pm tonight (times on the link below are UTC + 8)
https://www.ig.com/en/help-and-support/cfds/market-details/what-are-ig-s-easter-trading-hours
Bearish ‘Pennant’ showing on the DJI .. see attached 1 Hour TF?
All comments or disagreement welcomed
Cup & Handle pattern formed on the Dji 1 Hour Chart … get ready for the BIG UP! 😉
I am ready for the big UP for years !
Nasdaq weekly still in a descending channel, nothing is done yet. And when i see RSI i think it may go down for a big pull back at least if it is not going to the bottom of the channel…
I guess you may know … DJI is currently up 125 points on weekend IG and has been +160 points earlier today … may auger well for an uptrend starting tomorrow??
Reason probably is … US Gov’t voted on a 45 day extension to shut-down?
https://www.ig.com/uk/marketanalysis/ig-indices/weekend-wall-street
Is it the “Buy In October, sell in May” pattern ?
It could be; might be both reasons combined … DJI may fly this week, but we best not hold our breath!?