Buckle up is an apt phrase for this morning. Asia was a little mixed in overnight trading, while all the European exchanges are deep in the red as I key. S&P and Nasdaq futures are predicting a gap down at the open and TNX gapped down 4 basis points when it opened. The USD is dropping thru trendline support while precious metals and oil are up a bit. A scan of the headlines seems to indicate that the probable bombing of Iran by Israel is the dominant thought on many minds. This is not a bottom.
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