What Happened: In spite of positive stimulus developments, U.S. index futures liquidated alongside news of emergency actions in Europe against a new strain of the COVID-19 coronavirus. What Does It Mean: Friday’s session found responsive buyers at the low-volume node (LVNode) near $3,680.00. Low-volume areas denote directional conviction and ought to resist future auction rotations.
Market Commentary For 12/21/2020
Market Commentary For 12/21/2020
Market Commentary For 12/21/2020
What Happened: In spite of positive stimulus developments, U.S. index futures liquidated alongside news of emergency actions in Europe against a new strain of the COVID-19 coronavirus. What Does It Mean: Friday’s session found responsive buyers at the low-volume node (LVNode) near $3,680.00. Low-volume areas denote directional conviction and ought to resist future auction rotations.