Whiplash Session Sees Furious Buying Of Futures To Defend 50-DMA As New Quarter Begins
April 01, 2015 at 09:01 AM EDT
It has been another whiplash, rollercoaster, illiquid session which saw US equity futures tumble early overnight driven by a bout of USDJPY and Nikkei selling, only to regain all losses as European, and BIS, traders walked in, and promptly BTFD.
