U.S. stock higher in pre-market trading for,April 07.The Dow Futures is trading at 23,271.50 up with +3.48% percent or +783.50 point.The S&P 500 Futures is trading at 2,723.25 up with +2.98% percent or +78.75 point.The Nasdaq Futures is trading at 8,249.38 with +2.74% percent or +219.63 point.
In other parts of world, Japan’s Nikkei 225 is trading at 18,950.18 up with +2.01% percent or +373.88 point. Hong Kong’s Hang Seng is trading at 24,147.31 up with +1.68% percent or +398.19 point. China’s Shanghai Composite is trading at 2,818.58 up with +1.98% percent or +54.59 point. India’s BSE Sensex is trading at 29,259.04 up with +6.05% percent or +1,668.09 point at 12:15 PM.Germany’s DAX is trading at 10,465.92 up with +3.88% percent or +390.75 point. France’s CAC 40 is trading at 4,474.54 up with +2.95% percent or +128.41 point. The Stoxx Europe 600 is trading at 329.53 up with +2.79% percent or +8.94 point.
Tuesday’s Factors and Events
the Dow Jones which was yesterday’s index of focus. The inverse head and shoulders pattern has worked allowing the price to test the 38,2% Fibonacci level and then break it. The next Fibonacci resistances however are not so promising. Recent price movements have touched the 23500 and the 24900 resistance levels.
Monday Activity
For the day the Dow is trading at 22,679.99 up with +7.73% percent or +1,627.46 point. The S&P 500 is trading at 2,663.68 up with +7.03% percent or +175.03 point. The Nasdaq Composite is trading at 7,913.24 up with +7.33% percent or +540.15 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,138.78 up with +8.24% percent or +86.72 point; the S&P 600 Small-Cap Index closed at 674.65 with 8.40% percent or +52.30 point; the S&P 400 Mid-Cap Index closed at 1,444.56 up with +7.97% percent or +106.61 point; the S&P 100 Index closed at 1,228.15 up with +6.65% percent or +76.58 point; the Russell 3000 Index closed at 1,527.21 up with +7.17% percent or +102.14 point; the Russell 1000 Index closed at 1,455.56 up with +7.10%or +96.55 point.