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Liquidity conditions started to improve following a significant drop earlier in the morning. Kevin Green observed that while liquidity had decreased dramatically at the start of the day, there are signs of a potential rebound as the session progresses.
He highlighted the importance of tracking market developments throughout the day to see if liquidity continues to backfill.
Green has previously observed that the 50-week moving average often acts as a consolidation area for the index during downturns. He has also cited potential upside for Waste Management if recycling demand rises amid chemical supply constraints. These assessments provide context for his recent focus on shifting liquidity conditions.