4 November (9:08 am EST)
Perhaps US Traders are happy to get an extra hour of sleep, that is why US Stock futures are rallying today!
Whatever the reason may be, but finally, Dow Jones is set to open with a gap up and break out of the shackles of a two-years-old range! With this, a new uptrend is starting in US stock markets. All major indexes; S&P 500, Nasdaq and Dow Jones will now be trading above their all-time high levels (and go where no index has gone before :)).
Watch pivot levels that are given on our Pivot Trading page, which will indicate where the price may pause. These levels are:
- Pivot Levels for Dow Jones
- Pivot Levels for Nasdaq 100
- Pivot Levels for Russell 2000
- Pivot Levels for S& P 500
Expect US stock markets to open with high numbers and continue with their new uptrend. All things are going well for these stock markets. The Federal Reserve is cutting rates and the US-China trade talks are going smoothly. So now, we can expect another leg of the current uptrend in these stock markets.