Written by GaryThe averages sea-sawed in the green zone in late trading, the DOW remained in triple digits closing up 314 points, The Spooz closed up over 2% and WTI crude surged 12% off 12 year lows on OPEC rumors of production cuts. Short-term indicators are bullish, but lack of volume shows investors don’t believe it yet.

Source: 12Feb2016 Market Close: Averages Climb Higher In Afternoon Trading, WTI Settles At $30 Bbl And Equities May Have Seen End Of Selling Pressure