A more wonkish conspiracy-theorizing onlooker might suspect that the increasing ubiquitousness of VIX tails is sending a message to markets of what to do next…

VIX Tails objective reached…

The Dow is up 350 off overnight lows – bouncing hard off the 50-day moving-average…

Note, the ramp in the major indices is VIX-driven, and JPY-driven… watch 114.00 for a stall…

This is not just another “short-squeeze”

Charts: Bloomberg