What historically happens after MLK day

01/19/2021 09:05 AM By Matt Ratliff
Yesterday was MLK Day, let's take a look at what has happened on the day following MLK Day.

Day - Tuesday

Opening Gap Direction - Up

Market Status - The Day following MLK Day

Instrument - ES, RTY, NQ, YM

Trading SetUp - Long

Market Trend - Bull

Trade Type - Intraday Entry

Entry - 9:30 am ET (Market Open)

Exit - 4:15 pm ET (Market Close)

Note:  Most tests/studies are done going long using Future Indices.  This is done for several reasons; so you can easily compare different studies/tests, and because of the high correlation of these Indices to other instruments.  Make your comments and ask your questions below. 

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