10am update - morning jump higher

So much for the two day decline. Market is already up 8pts to sp'1510. Unless this rally fails later today, its going to be a truly dire end to the week for the bears. Absolutely annoying as hell. Dollar is flat, metals a touch weak, and the VIX is already 5% lower.


sp'daily5

vix'daily3

Summary

There has been so much doomer talk in the last two days, and yet here we are again, a mere 20pts from the recent highs, and it won't take much of a news story to ramp this nonsense right back to the Tuesday levels.

VIX is already -5%, if we can't close at least moderately green, then once again, its all been a  complete waste of time.

Just how are we going to get consistant declines whilst the POMO $ are flooding this market?

Ohh, thats right, no one out there has an answer to that question..because there is NO answer.

Bears...in complete denial.