by John Galt
January 6, 2016 21:07 ET
Breaking live on all financial media now.
CHINESE STOCK EXCHANGE CLOSES AFTER 30 MINUTES OF TRADING AFTER HITTING 7% LIMIT DOWN THRESHOLD
The headline from Bloomberg says it all:
And here is the chart of the flatlined Chinese Stock Market from tonight’s brief session after the 15 minute trading halt then crash:
Meanwhile U.S. stock futures have taken a steep dump after the news:
Gold is on the verge of a major breakout above $1100:
And WTI-Crude is crashing and burning further and faster than a BP oil platform in the Gulf of Mexico:
The market experts who called for a dead cat bounce might get a major cratering and crash instead before this week is out. Stay tuned….