S&P 500 fills the gap and then gives it all back

New lows of the day

Stocks are in charge at the moment and the fresh weakness has sent commodity currencies to fresh lows and cable continues to take an absolute beating, down almost 200 pips.

Yesterday’s stock market price action was all about filling in the opening gap from Tuesday. Today’s is all about falling back below that gap.

This isn’t a good look:

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