re the scum and the SM…yup they are active all day….today will be a biggy, as it is the last day before loads of people go away, I would imagine the scum are desperate to stop a bad day and even try and get a good day.
So how this ends up is gonna tell a lot, if they can’t hold it…a good day can be put down to scum buying. The Dollar is already bid and Bonds are up a tad from extreme lows….
Long term….I agree the SM looks shot. I’d hate to see what old Prechter is saying !!!!!
Not sure I have ever seen R640 so bearish….