So far a dead cat bounce at least. The futures settled around 1088 after a false breakout to the upside and a selloff into the close.
Next week should give us a clearer signal by how it moves out of its current trading sphere, up or down.
"You made this monster, and as long as things were going well you gave him whatever he wanted. You turned Germany over to this arch-criminal, you swore allegiance to him by every incredible oath he chose to put before you. For years, these men were the cover for every treasonable act, every orgy of rape and murder. They defended him every time he committed one of his criminal acts, because a different regime would have meant the end of their power.”
Friedrich Reck-Malleczewen, 1947
So far a dead cat bounce at least. The futures settled around 1088 after a false breakout to the upside and a selloff into the close.
Next week should give us a clearer signal by how it moves out of its current trading sphere, up or down.