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…