sp'60min
Summary
We have an especially interesting day ahead. Oil inventories at 10.30am.. with the FOMC minutes at 2pm. Both should get the market moving... one way or another.
A weekly close in the sp'2070s remains very viable... even if we see 2030s at some point today.
The only thing that would be surprisingly would be a break of the Monday opening low of 2019.
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Update from Oscar
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Doomer chat, Hunter with Maloney
Mr M' has some guile appearing as Gold continues to break new multi-year lows. I strongly disagree with much of what he says in this video. There can be no hyper-inflation in the world's reserve currency... and neither is Gold going to 5K, or 50k...any time soon.
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Overnight Asia action
Japan: opened higher, but cooled into the close, settling +0.1%
China: unravelling into the close, -1.0% @ 3568
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Shaky internet.
My main internet connection is increasingly unstable, so if I disappear/late posting today.... that is why.
Have a good Wednesday