SP 500 and NDX Futures Daily Charts - Ugly Selloff Into the Close

The US equity long only fund managers would dearly like to rally this market to ensure their year end bonuses.

And once again they made a play to take the markets off their lows this afternoon, until another report (rumour) swept the market that Germany would not back any new treaty proposal tomorrow.

And so the markets sold off and went out very near their lows.

Texas Instruments lowered