Presented with little comment aside to ask... sustainable? Every string will be pulled today to ensure that the S&P 500 closes in the green for Q1, this is just the beginning salvo...
[6]
USDJPY may need to ramp to 102.75 today to assure Q1 green close
— zerohedge (@zerohedge) March 28, 2014 [7]
"we don't need no steenking news..."
[8]
In english - the algos, in all their glory, used the power of JPY to spark momentum into stocks and run all the stops through the open... we suspect this will not last given the total lack of follow through in any other asset class.
as we noted earlier...
USDJPY is about to be shocked by the bullish news that it is 9:30 am
— zerohedge (@zerohedge) March 28, 2014 [9]
As an add on, Copper has retraced 50% of its CCFD-liquidity-driven downswing...
[10]
So China is fixed too?