*closing hour action: a new intra high of 1839... but not yet able to settle above the hourly 10MA
.... well, that sure wasn't dull.
A rather classic turn around 2.30pm, closing around 1% above the low. Not quite 'hyper'... but it gives the bulls a buffer tomorrow.
We've a long 3 day weekend ahead, and there is always going to be threat that the PBOC might do something this weekend/Monday.
Broadly... regardless of any short term bounce... the bigger trend remains absolutely bearish.
more later... on the VIX