That would take some moves like we’ve never seen before. OTOH, we’re starting to see 3% up days.
Why couldn’t it do Bitcoin type moves?
What if the buyer is the US Treasury pushing the price where they ultimately want to revalue? Might explain why there’s been very little resistance.
Here’s the COT Report
CFTC Commitments of Traders Report – CMX (Futures Only)
Sure seems like there should be a lot more activity than what’s shown here.
Surreal.
