siverdiceMaybe just a hint on that after 4pm swing in our...

siverdice

Maybe just a hint on that after 4pm swing in our market.

As the Asian markets close and trading moves into Europe it is important to have an opinion on Europe or even the US markets. I found that if Europe is expected to open close to resistance levels the 4pm swing is down, where as if Europe and /or the US markets hover around support levels the swing is up. I think this kind of makes sense. People position themselves for where our market might pushed to by the European and US markets. I hope this helps .... it does work for me.