No. of Recommendations: 5
Hi Craig,
At the closing bell of New York Stock Exchange regular market hours (usually 4 pm Eastern time), as equity index futures continue trading after the closing bell until 4:15 pm. After-hours trading resumes at 6:00 pm and continues until 6:00 am the following morning on weekdays and resumes on Sunday at 6:00 pm, but for the purposes of this strategy, those sessions are ignored as the volumes are substantially lighter despite the involvement of both Asian and European traders, the price action is often erratic, and the New York trading session tends to blot out whatever happens overnight.