The age old question is which chart is the truest look at the markets.
In the Equity indices we have the pit session which mirrors the Nyse trading hours
with a 15 min. extension on the end closing at 4:15 EST and opening with the Nyse at 9:30 EST
The mini or all session trades 23 hours a day. This close is at 3:15 CDT..4:15 EST.
I am making this point because the chart patterns are very different. Today a close below
1164.50 Spu and 2035 Nasd will put in outside reversal days to the downside which is a price negative
formation. The pit or U.S. day only session does not paint this picture.
Google earnings come out after the NYSE closes but usually during the futures pit session.
I would wait until tomorrow to entertain any new positions.
