US/Yen and S&P500

Panic sets as usd/yen tumbling. S&P 500 broke the 880 neck as well. This is not good. Gold revisited 916 and broken. Panic is now in effect. margin call will be an influential catalyst in aggravating a selloff.
To counter and suppress panic, S&P500 needs to go back to 880 today. caveat.
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edit added
margin call might have been one reason on usd/yen’s revisiting of 92 level earlier. i still cant see the 1.27-1.28 euro/usd target of a prominent currency analyst this July (to early Aug) but the 1.34 is visible on my point of view. I may have a glimpse of that 1.27-1.28 target of his IF the current channel will be broken immediately (will post chart of euro/usd later).

Awhile ago, Gold, Usd/Yen and S&P500 have simultaneously broken their crucial supports. This i think lots of currency & commodities traders are watching that 880 neck of S&P500 whether to hold or break. what i’m afraid is deleveraging as last October 2008 we’ve seen how margin calls murdered the equities. If this will happen again, it will really hurt euro/usd and that 1.27-1.28 this july-early aug scenario is possible. caveat.