and it’s not pretty. USD screaming higher. I guess that means rates too, although I haven’t seen the quotes just yet.
Was hoping for some follow thru to yesterday’s mild reversal but of course follow thru is not allowed. Appears that little battle we had at $1850 yesterday is now lost. Looks like today will be the 8th day in a row and 10th out of the last 11 days of down for the HUI.
HUI 220 better hold – ugh…
SM getting spanked, wondering if yesterday’s down move might have set the stage for a bigger selloff.