Published on Zero Hedge (http://www.zerohedge.com)

Home > 7th Time Was Not The Charm, S&P Tests 1,700 And Dumps

7th Time Was Not The Charm, S&P Tests 1,700 And Dumps

By Tyler Durden
Created 08/09/2013 - 09:35
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 08/09/2013 09:35 -0500



 

For the 7th time in the last day or so, the S&P 500 has tested up to the magical 1,700 level and failed. With JPY once against strengthening as carry unwinds re-escalate, we wait breathless for a deja deja deja vu repeat of the last 3 days post-European close rampfest... [2]

 

[3]

 

as JPY retraces its overnight ramp weakness...

 

Charts: Bloomberg

 

- advertisements -

Source URL: http://www.zerohedge.com/news/2013-08-09/7th-time-was-not-charm-sp-tests-1700-and-dumps

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/news/2013-08-08/deja-deja-deja-vu
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/08/20130809_SPX.png