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...