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...
The Dow is up 1300 points from Friday"s lows, but remains just short of a 50% retracement from the last two weeks" tumble...
And bond-stock (price) correlations are back in the "normal" negative...
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