ZH: April 5th, 2016
"Everything Is Getting Sold"
"Institutions sell for 10th straight week"
"absolutely nobody believed this fakest of fake "rebounds"
Meanwhile, overnight the Bank of Japan lost control over their currency. Which is troubling since they don't know where those trillions went over the past three years, only that they're coming back from "somewhere"...
The negative interest rate gambit has failed, and they have run out of bonds to monetize meaning they're no longer able to offset the tidal wave of returning carry trade money...
USD/JPY:
S&P Gaps aka. "Overnight risk"
