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Sharp USDJPY Overnight Sell Off - US Equity Futures In The Red

Discussion in 'General Discussion' started by tom, Jun 11, 2014.

  1. tom

    tom Administrator Staff Member

    Article from Zero Hedge: http://www.zerohedge.com/node/489531

    "... Unless, or course, central banks finally are starting to shift their policy, realizing that they may have lost control to the upside since algos no longer care about warnings that "volatility is too low", knowing full well the same Fed will come and bail them out on even the tiniest downtick. Which begs the question: is a big Fed-mandated shakeout coming? Could the coming FOMC announcement be just the right time and place for the Fed to surprise the market out of its "complacency" and whip out an unexpected hawk out of its sleeve?"

    ES futures are currently at 1940.75 -9.75

    Look for the market to open lower today.

    If the Fed is going to start a shakeout, maybe this chart from www.forecasts.org is the future. Keep your downside protected!

    2014-06-11_SPX-Forecast.gif
     

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