Yeah, I started shorting around 2928.50, have taken profit then jumped back in short. This is moving like a major news story hit or something. Can't imagine this is all technical given that it is Sunday evening.
Hell no, I have no clue. We are in full on Asia mode though, they are all open. Euro comes up soon. And then US pre-open. If you like to trade these early-morning Eastern Time hours, with Asia and Euro in kerfuddles, good on ya'. This is about the time I go to bed. NO ideas why it snapped down like that, but I am looking at delayed data charts on the web. Just looked, it keeps going down. I notice, though, that silver is tanking, but gold is spiking. Hmm, that smells like safe haven stuff.
I don't see anything on his twit shit page, so I am assuming this would be due to the new Iran seizing a tanker thing, at least for CL jump. Why equities are dropping, no clue. That's a hard drop for no news at all. Maybe just some longs unwinding, for profit?
Looked across a few charts on the delayed site. That was a wicked move, starting around just after 9 PM ET. Everything tanked, except GC which soared. Something fundamental happened bigly, but I cannot find the source.
Utah, you seem like a folk with a strong constitution who can handle the waste product of my insanity. Can you please get this song out of me head? Thanks! Can you just carry it over there, to that ET Dumpster™? I would appreciate it. Because this song drives me BATTY AND UP THE GOD-DAMNED WALL, AND NOW THAT IT IS AUGUST, IT IS GOING TO BE ALL OVER THE RADIO FOR THE NEXT 4 MONTHS. Thanks man!