It truly is a case of deja vu all over again... [2]No matter how much the politicians try to make the public understand what a total disaster the US economy is about to become, someone somewhere feels the need to test the market at 330ET and then smash VIX lower levitating stocks into the close... smells like algos igniting momentum to enable blocks to exit to us... Welcome to our new "efficient" markets...
[3]
and what happened next... all the VIX ramp and cash equity close gains gone...
[4]
Do you feel used?
Chart: Bloomberg