I am new to the trading but I have entered the asx game to get some practise before spending my own money. I am a bit unsure how the Australian Shares in the us markets are affected by the time zones .
The Australian markets follow the us markets - how does it affect the Australian shares in the us market as Australia is in an earlier time zone?
For example yesterday BHP closed in in the green $+0.37 but in the us it went down with 5.37%.
Can one then assume ( I know assumption is the mother of all f#$@ ups) that the BHP will go down today on ASX.
I hope it make sense.