These three charts suggest that all is not well with the ramp... but all that matters is a Dow 15,000 close...
Equity managers are hedging... (VIX is green and divergent)...
and while futures volume is better than yesterday, relative equity trading volumes are not at all supportive of this ramp in the indices...
and risk-assets are not playing along at all... even as Treasuries limp higher in yield, the equity move is well beyond it.
Charts: Bloomberg and Capital Context




