Notice: To view this week's big picture outlook, click here. What Happened: Ahead of a busy earnings season, U.S. index futures balanced within Friday's range. What Does It Mean: Despite Monday's session opening well off of Friday's regular trade high, aggressive sellers quickly disappeared. Instead, participants recovered Friday's value before finding responsive sellers near the high-volume concentration at $3,809.25 in the S&P 500.
Market Commentary For 1/12/2021
Market Commentary For 1/12/2021
Market Commentary For 1/12/2021
Notice: To view this week's big picture outlook, click here. What Happened: Ahead of a busy earnings season, U.S. index futures balanced within Friday's range. What Does It Mean: Despite Monday's session opening well off of Friday's regular trade high, aggressive sellers quickly disappeared. Instead, participants recovered Friday's value before finding responsive sellers near the high-volume concentration at $3,809.25 in the S&P 500.