gainspainscapital.com / Graham Summers / May 16, 2017
The $USD/Yen market prop is now actively being pulled.
For two weeks straight “somebody” was pinning stocks by ramping the $USD/ Yen pair. You can see the tight correlation between the two in the chart below.
This resulted in a one in 125 years event: a 10-day period in which stocks didn’t move more than 0.2%. And we’ve even had confirmation now that the last 15 days have seen the LEAST movement in stocks in history.