Broken Market and Draghi Jawboning

Literally the market has broken twice this morning since the open, NYSE from 9:30-9:50 and then BATS  declared self help against NYSE and stopped routing orders to NYSE at 10:38.

In the middle of all of this, Draghi says the ECB will do "Whatever it takes within its mandate" and that "could" include "buying government bonds", however, buying government bonds is expressly forbidden by the ECB's mandate. Draghi trying to jawbone the market with a complete oxymoron?

And what happens to this market when volatility really picks up if it has been broken most of the morning?

If it's on a move down and the market goes dark, that facilitates panic selling.

The NYSE data for TICK is incomplete, obviously as a result of the break, but the trend this morning again has been narrow, +/- 750.

I'M DOIND MY BEST TO SEPARATE CLEAN DATA FROM DISTORTED DATA, THUS FAR IT LOOKS LIKE IN LINE AS FUTURES SHOULD BE CLEAN AND NASDAQ SHOULD BE CLEAN.

 intraday NASDAQ 100 futures in line

QQQ intraday in line

I'll have more as soon as I see clean data, rebooting some feeds.