Into the closing bell, check out the carnage in crude oil.
I suppose inflation is on hold for now, as perhaps slowing growth in the U.S. and a renewed slowdown in Europe is taking hold.
Either way, the daily chart ETF for crude is sporting a nasty head and shoulders breakdown.
See you after the bell for my video recap.
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A great deflation is coming.
Chess
Do you see more downside for crude ?