but the USD has come back to being flat although the rates are still drifting lower, which is odd because the SM is soaring.
260 HUI and obviously $1800 are the perpetual lines in the sand. I would expect if the HUI hits 260, we’ll get a pretty sharp pullback for a few days. That’s assuming a bottom is in.
Thoughts from any of you T/A guys? You all know I’m not a T/A type….