Having once again broken its 100DMA, the S&P (and the rest of the US equity complex), the news that various platforms have halted FX trading in the Ruble and a modest bounce in oil prices seems to have sparked a EURJPY and VIX-driven v-shaped buying-panic very-visible-hand ramp in stocks into the European close… because nothing says dump VIX protection and BTFD in stocks with both hands and feet like totally disastrous US macro data and a global financial system onm the verge of collapse.
It’s a Christmas Miracle…
Thanks to EURJPY
via Zero Hedge http://ift.tt/1zmSzFf Tyler Durden