BLSBS Fridays are typically AlgoHell affairs and today is no different. POSX rallies, PMs plunge. POSX plunges, PMs rally. The good thing so far is that the POSX is mostly lower since the 8:30 ET release and this has helped to boost the PMs from their overnight lows.
Let's start with the one-minute charts that I printed at 9:30 ET, showing exactly one hour of post-BLSBS trading. As you can see, the charts are nearly a tick-for-tick inverse. This is AlgoHell....
