SP 500 and NDX Futures Daily Charts - Turning Bearish, Keep an Eye on the VIX

Flat to down day with a little late pop into the close. All eyes are on the Greek situation.

Earnings were a disappointment especially with GOOG but IBM carried the Dow Jones Industrials higher.

I think we are nearing a short to intermediate term top in stocks. \

The SP could have as much as 20 points left, but we'll look at the VIX to signal a top and reversal if there is one.

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