That didn’t take long! Yesterday’s rip was supposed to have turned the market back up. Its close at well above the “crucial” 2060 chart point on the S&P 500 cash index meant “support” had held. But then the euro resumed its free fall and in a few nanoseconds around 6 AM—-all bets were off. Still, this is no longer about the hourly charts on the EUR/USD or short-term movements […]
Duck This Dip—-There’s More Crazy Stuff Coming