Previous close | 30,991.50 |
Open | 30,926.77 |
Volume | 440,017,761 |
Day's range | 30,612.67 - 30,941.98 |
52-week range | 18,213.65 - 31,223.78 |
Avg. volume | 386,718,387 |
As traders return from the long holiday weekend on Tuesday and equity markets reopen, markets will turn their attention to the first days of the Biden administration and to another batch of corporate earnings results.
We’re looking for an upside bias to develop on a trade over 30827, and for the downside bias to resume on a trade through 30454.
There’s a chance that markets will have to pay for this in the form or sharply higher interest rates or tax hikes that could cap equity valuations.