The following are the latest daily summaries of my ongoing intraday coverage providing context to interpret price action. Any prices listed are for a contract's current "front month." Their direction tends to correlate with any ETFs listed for each. Today’s Highlight: The long bond’s plunge Wednesday confirms that last week’s bounce was only “obligatory.” The probe under last week’s lows is unlikely to form a bottom on its first day. But look out above if another fresh lows is suddenly rejected. If a bigger downleg isn’t underway then the alternative should be a big big bounce. Dollar Basket Mar ...