Watch. This. Chart.

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Today has been amazing so far. Our bullish friends got their 1900 on the S&P earlier this week, did a big circle jerk, all climaxed simultaneously, and then left the scene so they could tidy up. For myself, I have never been so bold in my positions: 128 shorts, deeply into margin territory, and my hirsute chest thrust out over the bow of the H.M.S. Ursine.

Watch the chart below. Watch it carefully. If it breaks the tint, all holy hell is going to break loose.

0515-usdjpy