What Happened: U.S. index futures were flat overnight after a trend-day lower from fresh new all-time highs. What Does It Mean: During Wednesday's regular trading, sellers extended range down to the micro-composite high-volume node near $3,667.75, a price level where participants spent a large amount of time in the past. The session ended outside of prior balance and range with poor profile structure denoting the presence of directional conviction.
Market Commentary For 12/10/2020
Market Commentary For 12/10/2020
Market Commentary For 12/10/2020
What Happened: U.S. index futures were flat overnight after a trend-day lower from fresh new all-time highs. What Does It Mean: During Wednesday's regular trading, sellers extended range down to the micro-composite high-volume node near $3,667.75, a price level where participants spent a large amount of time in the past. The session ended outside of prior balance and range with poor profile structure denoting the presence of directional conviction.