S&P 500 Tests 1,700 And Dumps

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– 7th Time Was Not The Charm, S&P Tests 1,700 And Dumps (ZeroHedge, Aug 8, 2013):

For the 7th time in the last day or so, the S&P 500 has tested up to the magical 1,700 level and failed. With JPY once against strengthening as carry unwinds re-escalate, we wait breathless for a deja deja deja vu repeat of the last 3 days post-European close rampfest…

as JPY retraces its overnight ramp weakness…

Charts: Bloomberg

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