'How Far Can The Rubber Band Stretch?': Goldman 1-Delta Desk Says 'This Is The Breaking Point'

After a highly volatile overnight session, with Japan's Nikkei down close to 3.5% and South Korea's KOSPI declining approx 10% led by a roughly 13% drop in SK Hynix, Goldman's One-Delta desk-head, Rich Privorotsky, says the memory trade appears to be hitting a structural snag.

Technicals/Risk