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Home > S&P Futures Collapse Over 30 Points - Back To Pre-Taper Levels

S&P Futures Collapse Over 30 Points - Back To Pre-Taper Levels

By Tyler Durden
Created 01/29/2014 - 09:28
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 01/29/2014 09:28 -0500



 

After tagging the stops above 1,800 overnight following the Turkish rate hike, S&P futures have collapsed over 30 points and are hovering back at pre-Taper levels from 6 weeks ago. For now USDJPY 102 is critical support for stocks. 10Y bond yields have slammed lower testing 2.70 and the lowest levels in 2 months.

S&P futures have collapsed over 30 points from overnight highs...

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Still think its about fun-durr-mentals...(JPY carry is in charge)

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Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2014-01-29/sp-futures-collapse-over-30-points-back-pre-taper-levels

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