Carry Trade Meltdown ("Overnight") Risk

The ECB's circle jerk today tanked the dollar as Euro-based gamblers didn't get any additional monthly stimulation...

Europe sold the U.S. off-hours, the U.S. is selling Asia off-hours, Asia will sell Europe next etc...

Dollar / Yen is going into liquidation mode, circa August...

S&P  and Dollar/Yen have recoupled. To the downside