The Traderszone Network

Published in TZ Latest News 16 December, 2014 by The TZ Newswire Staff

Everything’s Fixed – Russian FX Halt Prompts Buying-Panic In Stocks

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…

read more