The Importance of the Futures Market to Find Trends

Ever wonder HOW the market will move from Friday to Monday morning?

Newer Traders – check the futures markets – the ES for the SP500 and the NQ for the Nasdaq to see the likely direction of stocks tomorrow morning.

As you can see, Friday ended lower… but the market is rising tonight. If this continues, it could be another monday in the Green. pic.twitter.com/ofYWq0kZNJ

— The Blue Collar Investor (@BlueInvestor) November 22, 2020

No one perfectly predicts market movement, but the futures market operates 24 hours a day from Sunday at 5PM Central time until Friday night’s close.

By tracking the futures market for the SP 500 and the Nasdaq on a Sunday night, you have a good idea where the premarket/early hours of the Monday stock market will move.

Not all websites offer this information, but MarketWatch does allow you to monitor the ES and NQ.

https://www.marketwatch.com/investing/future/es00/charts

https://www.marketwatch.com/investing/future/nasdaq%20100%20futures