The Nasdaq put its big boy pants on this morning as 2020 year end prices and the .382 fib brought in a whole host of value and fast money, taking advantage of the extreme sell side panic from overnight lows. We have highlighted the 13000 marker and this may hold for a bit but is entirely dependent upon Russia/Ukraine. Gold put in a massive reversal no doubt led by global central banks and the US yield curve had a panic steepening bid to it led by the short end 2s and 5s:
