VIX-Selling Scramble, Crude-Buying Panic Sends S&P Green For 2015 (For Now)
USD/JPY tried and flailed... and so the machines shifted their momentum ignition efforts to crude - ramping WTI back up to post-API inventory build levels...
Bwuahahaha... up 4.5% from the lows - (being blamed on Iran's Rouhani's comments which perhaps enable Obama to reinstate sanctions but that is ridiculous given the world's record glut and maxed out storage levels).
It's a miracle...
first USDJPY, now crude; VIX slam next
— zerohedge (@zerohedge) December 31, 2015
And sure enough... following a post-EU-Close short squeeze...
It happened...
Mission Accomplished.
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Crude oil looks like its going to tumble further, no bottom in sight.