1 p.m. Treasury Auction Coming Up – It Could be Important

The averages are pretty similar in terms of testing near measured moves/week’s lows. SPX (15m) DJIA (15m) NDX (15m) Small Caps (15m) Without getting too  into complex ultra-leveraged basis-trade dynamics (which doesn’t rule out China selling U.S. paper, in fact if they really want to do some damage to the U.S. economy and financial system, they…