This is feeling like a “sell the news” day. Dollar is up a percent and rates back to 4%. Shares slipping. It looks like they’re going to sell the SM open. Oil can go up on this but not a flight to safety with gold.
This is how they’ve always done things on war news before.
There’ still a $14 discrepancy between Crimex and Shanghai, I’m not sure how that gets resolved.
I’m guessing your wave count is right as long as we’re contending with the stronger dollar.
