It is the 25th of June 2017

Stocks, Crude Tumble As Offshore Yuan Sinks To Day Session Lows

From the close of the US day session, offshore Yuan began to weaken and despite the largest liquidity injection in 3 years, has tumbled almost 200 pips from the dead-cat-bounce highs, testing the lows once again. This in turn has weighed on crude and dropped Dow futures 140 points off the after-hours highs...

As Yuan tumbled so Crude and stocks lurched lower...

 

 

We have seen this pattern before... this morning...

 

What happens next?










==> Source: http://www.zerohedge.com/news/2016-01-20/chinas-national-team-now-bailing-out-us-markets

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