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May 14, 2013  Tue 1:47 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
The equity indexes were mixed but essentially unchanged at the end of yesterday's session, and the CBOE Volatility Index was fractionally lower.

The S&P 500 was up just 0.07 points to close at 1633.77. It dipped to 1627 just after the open, then climbed to a new intraday record high of 1636. Support remains at 1597.

The Nasdaq 100 was up just 1.07 points to 2982.09. It too closed in the middle of its range for the day. Support is at 2869.

The Russell 2000 was down 1.37 points to close at 973.79. Support is at 940.

The VIX off 0.32 percent to 12.55. The volatility index had dipped to 12.49 in the morning and almost matched that level just before the closing bell.

The VIX futures were mixed, with May contracts down 0.20 points to 13.65 and June futures flat at 15.10. This had the iPath S&P 500 VIX Short-Term Futures Note (VXX) down 0.43 percent to 18.38.
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Both break outs and a break downs need to have a couple things happen before it is considered a confirmed break out or break down by technical definition!  The only problem is that in today's market where things move much more quicker than they did just a few years ago, two days could wind up being the majority of the expected movement, if not the whole movement.

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