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People all o’er the world know of the tale of Credo, which I related here last night. Children are put to bed by their parents reading them this story. As I suggested in my bedtime tale, it was idiotic to panic and cover, as the graph plainly shows.
In sharp contrast to the past couple of weeks, the market is pretty quiet this morning, with the /ES up one-tenth of a percent as I am typing this before the opening bell. As a comment cleaner, let’s just take a quick peek at the two key crypto coins.
The big boy, Bitcoin, is down quadruple digits, and it has turned away (hopefully for good) from the resistance line, which it didn’t even manage to reach.
