S&P 500 roars 30 points higher

When the rally hits 30 points you know the short-term bears who were hitting the panic button on World War 3 talk are getting stopped out.

So far, USD/JPY is stuck below the session high of 102.27 as offers ahead of 102.29 weigh. I wrote about the upside bias in USD/JPY at the start of the day.

Here’s a bit of fun about someone else who has surrendered to the Russians.