There, thats a nice, restrained headline.

Actually, its gone nuts today, with a big plunge:


The bigger picture (daily chart)

Charts from Bloomberg

Charts from Bloomberg

Its been a great run higher (it hasn’t quite doubled in the last 8 months).

Trading hasn’t finished for today, but a red candle is likely, though probably not as ugly as the one we saw in the S&P. But there’s still time.