Well, we’re halfway through the trading day, and it’s already been pretty exhausting. The jobs report was nothing compared to the “shooting war with Russia collapse and bounceback” that took place over the span of not even a single hour. It’s all pretty dizzying.
I would mention that EEM, the emerging markets ETF, is – for the third time – approaching resistance at 40.24. This has been a pretty reliable reversal point. Let’s see if it performs once again.

