SPY 154 Support... Bernanke vs. Dutch Minister of Finance

Who could have known that a single word from Dutch Minister of Finance, Jeroen Dijsselbloem, could usurp today's market action and turn things from green to red?  

I've been crying wolf for a full month now with little results, but the call sellers seem to have stepped in for the time being.  Are the tides finally starting to turn or is this going to become another disappointing false alarm for the semi-bears?  

SPY calls ended the day in the red whilst some SPY puts called it a day in the green...

SPY 154 is a key level and if we break below it definitively, there will be sell to pay!

During the final few minutes of trading, I stopped myself from getting into TVIX, another VIX ETF, at $3.73...  


-0.86% SBA
-0.68% Roth IRA

-0.44% DJIA
-0.30% Nasdaq
-0.33% S&P 

-0.22% FTSE
-0.25% Eurofirst
+1.69% Nikkei
-0.07% Shanghai
-0.29% SENSEX

+0.90% WTI
+0.29% Brent
-0.63% Gold
-0.49% Copper
+0.83% Corn

+1.25% VIX
-0.72% DJT

P.S. A shout out to Barry from Drexel Hamilton who was just on Fast Money... he likes the VIX!!