This is the result of a final capitulation buy into the "sell the news" state reopenings and FOMC statement this week. This is NORMAL seasonality behavior after the JUNE FOMC, disguised as "reactions to the virus".

$DJI $SPX $SPY $VXX $UVXY $GLD $RCL $NCLH $XOP $USO https://t.co/ZptOmQAG1W