the dow, spx, and ndq are all proxies for the global economy in a way. As the sun passes around the globe (:-)), each region has its chance to make its mark on the usa futures indexes, and thus make its case for a particular direction that night. So the usa indices mean sfa about the prospective usa session, only major events within one region of the empire will make a difference as it moves around the globe. Lately, there has been more movement of the usa indices within the asian session - but it still means diddly about the usa session until the usa players start to get involved and make their own assessments. That starts to happen about 90 minutes before the open of usa markets. cheers!
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