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Plunging Futures, Yen Rebound Show Market Still Scared To Death Despite Wednesday Rally
A couple of things stick out on Thursday morning as traders cast a wary eye at an unreliable market
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Your writing is always wonderful, and occasionally brilliant. I’m grateful.
thanks. i try
Your screen turned red. Meaning either the quarterly bloodbath or Xmas.
The bottom fades into black, maybe hinting at prices approaching a black hole.
Copper, after the dip in mid August (EM turmoil), is holding these levels. Neither it’s breaking out higher, always rejected at 285. I think it illustrates well the situation: global slowdown, no euphoria now (yesterday it didn’t rally like oil), but still above the 2016 levels https://invst.ly/9mmln https://invst.ly/9mmn9