Snap-a-Dee Doo Da

By -

It's been a super morning so far. Gold and oil are getting smashed (huzzah!) and equities are quite soft.

I think the bears are going to take the upper paw here. As I've said a number of times, 880 is my target for this little tumble. There isn't anything I'd be long right now, except for the ultrashorts. Here's the /ES:

0615-snap