Nikkei falls 400pts from yesters highs and tests below 14800. Currently 10pts above this level and almost 2% down in today's session. If it closes below that point, Yen bears be careful. ZARJPY should the yen strengthen, this cross has acres to falls. AUDJPY & NZDJPY as well as the beast (GBPJPY) are on my sell list. Also EM ccys vs yen should be short candidates.
Waiting for gold to revisit 1200 to confirm if the floor is set.
**A lot of morgue (jpm) news wires lately. They've selling their assets like a broke biz**
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!