Maybe. Probably. But, in the end, it doesn't matter much as price was/is going to finally break out this year anyway as 2019 continues to unfold in a manner that closely resembles 2010.
So, anyway, by now you know what took place overnight so there's no BREAKING NEWS here. At around 9:00 pm EDT, three things happened:
- Asia began to open and they bought US bonds like crazy, dropping the 10-year below 2.0% for the first time since before Trump was elected.
- Asia was also on the bid for gold and, when this combined with some HFT-driven demand due to the move...