On a 3month, MidCaps are underperforming the Qs. The SmallCaps are struggling on the lows, but currently attempting to exceed the Qs on highs.
TED says banks/credit troubles are an afterthought, and continues to trend lower. This implies Euro debt is on par with US debt.
The fear barometer is holding flat as the market channels flat the past week, implying a comfort level in the /ESZ0 1140s.
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