The S&P 500 is beginning to bleed lower and pull yen crosses with it. With 45 minutes of trading to go, the index is down 2 points to 1998.

Today, the founder of market visualization company Nanex reported that the S&P 500 remained in a 0.1 point range for 18 consecutive minutes. They company said it’s the longest streak it has on record, breaking the previous mark of 10 minutes in Nov 2006.

S&P 500 one minute chart near midday

S&P 500 one minute chart near midday