'To Infinity And Beyond': Market Commentary For The Week Ahead
physikinvest.substack.com
Key Takeaways: Positioning points to further volatility. Macro-, technical-landscape still bullish. What Happened: During last week’s trade, U.S. index futures auctioned to new all-time highs, before moving back into balance. What Does It Mean: After participants established an all-time rally high during Wednesday’s overnight session, the S&P 500 liquidated in regular trading, 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 in prior balance and range with poor profile structure denoting the presence of directional conviction.
'To Infinity And Beyond': Market Commentary For The Week Ahead
'To Infinity And Beyond': Market Commentary…
'To Infinity And Beyond': Market Commentary For The Week Ahead
Key Takeaways: Positioning points to further volatility. Macro-, technical-landscape still bullish. What Happened: During last week’s trade, U.S. index futures auctioned to new all-time highs, before moving back into balance. What Does It Mean: After participants established an all-time rally high during Wednesday’s overnight session, the S&P 500 liquidated in regular trading, 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 in prior balance and range with poor profile structure denoting the presence of directional conviction.