THE CHARTS

Futures were crawling back to the unchanged line this AM before the WMT info hit - they lowered numbers for the quarter and discussed "dissapointing" sales- hmmmm. Futures now down about 10 on ES and 107 on the YM.

The charts, we are still above the SMA 50, but that could get taken out early this AM - also heading to the the over sold area on the RSI 2 - (that was quick). The VIX another 5% jump this morning and that will also be in buy signal area.

Check out:

The Newest Deficit;

The BIG Survey;

Happy Talk from years gone by;