12pm update - EU powerhouse vs one of the PIIGS

US equities continue to see minor chop, although the losses barely rate as minor. However, far more important... time for another game.. Germany vs Portugal, which should prove to be a fine distraction from the QE fuelled casino.


sp'60min

Summary

So..opening loses...minor gains...back to loses.

Price action does NOT support any overly bearish outlook, certainly the big 1900 threshold looks a hugely strong floor now - with rising weekly 10MA support.
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I remain LONG, and have little concern about holding across much of this week. unless the style of price action changes.

time for kick off...