The PBOC pumped
The ECB fake promised
The Fed held Police Squad policy steady
And then the BOJ monkey hammered (Dollar/Yen) shorts to impress Super Mario...
ZH: Jan. 29, 2016
"People close to Kuroda say that Davos - where he mingled with central bankers such as ECB President Mario Draghi and leading company executives - likely prompted him to pull the trigger"
Central Banks are ALL IN now. And so is everyone else...a necessary and sufficient condition for collapse...
Global Central banks culminating with the Bank of Japan, just sponsored a massive Global short-covering rally...Let's see, the last time we saw "the world saved" was during the Wall Street (TARP) bailout short-covering rally two weeks after Lehman (circled below)...after which we witnessed RPM: Rapid Price Movement. Therefore, I will go out on a limb and say that prices should move quickly on this next leg down. Would I be a fool to believe that will happen AGAIN, or a far greater fool not to believe it will happen...
"Oil is fixed"
S&P with Yen:
Facebook is holding up all Global risk assets
With a picture perfect fifth wave blow-off top...that will have the shelf life of a rotten banana...