Global Risk off. Check
JPY daily, weekly, hourly reversal. Check
Volatility Explosion. Check
China nightly currency devaluation. Check
EM/Asian/European stock implosion. Check
Global Bank implosion. Check.
3rd wave down Global Dow. Check
Dumb beta rollover. Check
Short-covering ahead of Fed. Check
OilPlosion. Check
3x leveraged oil is now down -20% from last week's high
Island reversal of fortune visualized aka. "Sumamabitch!!!"
WTI:
What do oil, currencies, deflation, global stocks, financials, transports, small caps, retail, and Treasuries know?