DislikedWell the daily candle is not bearish and on my 4 hour chart PA is back above my 34 EMA, well above my 200 MA and also above my daily, weekly and monthly pivots. My indicators aren't looking very bearish either. Nice pin bar as well a few candles back.
I thought that it might have been coming down last night but the last two Mondays PA has tended to turn around in the US session and it has done it again.
RBA Stevens comments were fairly hawkish as well today (well I thought so). Everyone keeps talking about an indice meltdown and it's just not...Ignored
As far as the meltdown goes, it'll come, I'd like to say when people least expect it; though, I think there are a decent number of people expecting it to come after one final pump into the end of the quarter; which is when I think it'll happen.