S&P is now -24, Dow -221, Nasdaq -65 and dollar yen is holding on to 121.00
I get the feeling that if 121.00 goes properly we're going to see a good old fashioned blow out.
Stocks and bond yields have already made a big move so it's going to take something extra to knock them down further
USDJPY 15m chart
Look for some consolidation here at 121.00 and a possible bounce in stocks, but be careful not to get sucked in to what may be a dead cat bounce
