Futures opened 33 points lower a little over 12 hours ago because, well, nobody had any idea how the Greek fiasco would play out (and still doesn't).
And then, moments ago the entire gap lower was closed as ES stormed into the green...
[3]
... on panic buying, or rather concerted selling of the VXX by the NY Fed ETF desk as noted earlier...
Kevin Henry has one job https://t.co/D7NcKIFXwc [4]
— zerohedge (@zerohedge) July 6, 2015 [5]
... as well as on Citadel's massive spoofing of 10Y futures, which have been sold off in a straight line since the open of US trading.
Our suggestion to the PBOC: if you really want to rig markets higher, have Citadel open an office in Shanghai, and also bring Kevin Henry on for a 4-6 week sabbatical. He will show you hot to get the SHCOMP back to 5000 in no time.
