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The Market Rig Of The Last Two Weeks Is Now Ending

May 16, 2017

The $USD/Yen 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.

However, now that we’re on to their game, the rampers are giving up. The $USD/Yen pair is now breaking down in a big way.

The downside target for this move will be 2,200 on the S&P 500.

And if the rampers REALLY let go, we’re looking at a much larger drop than that.

Are you ready?

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We made 1,000 copies to the general public.

As I write this a mere 29 are left.

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Graham Summers
Chief Market Strategist
Phoenix Capital Research

Graham Summers is Chief Market Strategist for Phoenix Capital Research, an independent investment research firm based in the Washington DC-metro area with clients in 56 countries around the world.

Graham’s clients include over 20,000 retail investors as well as strategists at some of the largest financial institutions in the world (Morgan Stanley, Merrill Lynch, Royal Bank of Scotland, UBS, and Raymond James to name a few). His views on business and investing has been featured in RollingStone magazine, The New York Post, CNN Money, Crain’s New York Business, the National Review, Thomson Reuters, the Glenn Beck Show and more.