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‘Crisis’ Averted.
First of all, Donald Trump declared a national public health emergency for opioids because "if you really think about it" this is the worst drug crisis in "world history":
https://twitter.com/BuzzFeedNews/status/923619270008983552
Quick fact check on that from G. Anand Anandalingam:
While 33,000 people died from overdosing on opioids in 2015, the crack epidemic in the late 1980s, killed around 94,000 per year.
So again, Trump even lies when it's not necessary. And the reason is simple: he
The broader risk remains to the upside, pending the weekly close per my last post. On the daily, it’s broken up above the channel, the top of which is now former resistance turned support. Only a close below that, currently 23060, would a signal a further near-term correction.