Is China's "National Team" Now Bailing Out US Markets?

Many people wondered what the trigger for today's massive short-squeeze was.

 

 

We may have found the answer. Right as the "Most Shorted" stocks started to soar, someone decided to buy offshore Yuan with both hands and feet (yes in the middle of the US day session).

 

 

This held up until the NY close... and now offshore Yuan is fading back fast.

 

So did China's "National Team" step in to save the world today?

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