With all of the primary economic news scheduled for later this week, you had to figure that today would be another light volume snoozer of a day....and it is so far...though, of course, as soon as Comex trading began, down went prices for CDG and CDS.
Anticipating another snoozer, I was quite surprised to see CDG up about $10 at first glance this morning. At that point, it had regained all of its losses from Friday and seemed to be on solid ground. Nope. I count six big, red one minute candles that all appear within 30 minutes or so....