Looking like a lot of red to start the day for asian indexes. US futures sharply lower, similar trade set up as last night, but there was a swing back to green in US futures by the euro open. Will be interesting to see if the same pattern emerges.
Futures don’t always predict the next days trade, but they do seem to express some herd sentiment as far as near term direction. Been seeing a lot of weakness lately.
Bitcoin still in that accumulation range it has been stuck in for quite some time. Feels like a good time to buy for the long term to me.
Maybe the start of one of those global red days, but we will see. Intervention is only a central bank or corporate incentive fueled share buyback away. Who wants real markets anyway?
Does anyone else get excited in the morning to see what happened in the markets overnight while you were asleep?