Wild Ride Recap

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Good grief! Here’s what we’ve seen over twenty-four hours, reading from left to right:

  • Red arrow: Burn off yesterday afternoon for no particular reason;
  • Blue arrow: Slow climb-back based on China optimism;
  • Red arrow: Explosive mover higher from PPI report;
  • Blue arrow: Slow burn-of for no particular reason;
  • Red arrow: Collapse due to Polish missile strikes;
  • Blue arrow: The missiles don’t mean crap recovery rally

And the day isn’t even over yet!