Quote from MacroEvent:
if foreign inflows keep getting pulled {like again today --- second day in a row} out of our market then no chance of any end of year 1250 or above level. no one can replace this level of "liquidity" to hold the market at current levels if foreign inflows shift back out of the U.S. market ---- i see gold received some additional liquidity today.![]()
sorry -- thought you were talking about end of year.
yes the end of day brought out short covering as the ratio of long to short ES contracts came back to about neutral by the end of day.