Monday, October 17, 2011

SP 500 and NDX Futures Daily Charts - Hard Time Killing Floor Blues - VIX Up



A down day but not so much as a whisper of panic in the markets, more like the sound of a wash and rinse, as prices stayed carefully within their trading channels.

Earnings are coming in somewhat mixed, with the financials looking to accounting tricks to soften the blow of their downsizing from prior bloated levels.

VIX was elevated a bit, and we may have another leg down ahead of us.

The

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