WTF Chart Of The Day – Japan’s Bipolar Algos Hard At Work

Yesterday evening as Japanese markets opened, US equity futures were suddenly panic-bid (on no news-driven catalyst whatsoever).

Tonight, as Japan’s algos rubbed the sleepy silicon from their eyes, they reversed and dumped futures for no good reason at all…

And USDJPY did the same…

This is the state of our so-called ‘markets’.