Well I can't say I expected this but I was very cautious having been caught out by these central bankster shenanigans in the past. For all of Draghi's 'whatever it takes' and weak data in Europe, when it comes time to do something and retain some credibility, he disappoints. I am not surprised in the slightest. The markets were flashing all kinds of warnings as I have pointed out here on my blog. When central banks work in a coordinated effort to distort every single asset class on the planet and everyone is hanging off their every word, you can't be surprised when they change course and sucker punch everyone. They have been doing it for years now and markets are still falling for it every time.
These are a few charts from finviz.com to show what the wash up was after the ECB meeting.
Click on chart to enlarge
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