Fri, 08 Maregulation

Senate Banking Committee plans to hold key market structure hearing on Thursday

Burns Brief

The Senate Banking Committee announced it would hold its markup hearing for the Clarity Act on March 14 The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.

The Senate Banking Committee announced it would hold its markup hearing for the Clarity Act on March 14.

Key Takeaways