Wed's auction was a sellside +2 Standard Deviation auction. Based on our Structural Signal Database regarding such events, there was an asymmetric potential for a lower low into the Globex session, and this in fact occurred.
No such asymmetry exists for a NY close lower as Thu's auction looks to the ECB announcement as potential catalyst.
No such asymmetry exists for a NY close lower as Thu's auction looks to the ECB announcement as potential catalyst.