I think they are intervening in everything……but could be getting overwhelmed somewhat.
I got the impression this AM that everyone was sitting and waiting to see how the US mkts react to China…as the Scum had already made sure O/N mkts weren’t too shabby…..I reckon they will be in all day tdy.
By the way I have a buy signal on rates for the 10’s and 30’s tdy…if the SM doesn’t recover and the signal works, that could cause panic !!!!!!
Looks like 1100.00 is the Sum’s Maginot line…throwing everything at it.