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Hi all,
I'm pretty new to this and I wanted to ask if you take the pre-market price action into account when determining the market cycle? My broker shows price data from 00:00 until 23:00 (EU time) for the SP500 and sometimes when taking that price data into account the market cycle looks different than when not taking it into account...
Do the institutions/HFT algo's etc take that pre-market data into account? My hunch says no but as I said I'm pretty new and I'm unsure.
Thanks for your time!
Nick
