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S&P Spikes Above Overnight Highs, Dow Up 450 Points

Courtesy of ZeroHedge. View original post here.

The Dow has surged past overnight highs, shrugged off the opening tumble and is now up over 400 points from Friday's close. The S&P just ran the stops from its overnight highs, breaking above its 100DMA once again…

Stop Hunt – mission accomplished…

(The question is – is that the end of the ramp ammo?)

As Friday's melt-up continues…

Thanks to Short VIX ETNs…

And as VIX tumbles so Bitcoin is bid…

And bond-stock (price) correlations are back in the 'normal' negative…


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