10am update - an interesting open

US equities open with borderline significant declines, the recent low of sp'2072 looks highly vulnerable. VIX is reflecting some market concern about the 'Greek situation', +12% in the mid 15s. USD is +0.2% in the 95.10s as the Euro is under natural pressure. Oil is notably weak, -1.2%.


sp'60min

VIX'60min

Summary

A busy week is underway!  Who wants to buy this mornings dip? 

Mainstream attention will no doubt turn to a likely test of the 200dma for some indexes....  starting with the Dow

*interestingly... the lower bol' on the weekly has jumped to sp'2048.... around the 200dma...

Even more critical.... first support on the giant monthly cycle.. .10MA @ 2055. Any sustained break of that.. would be a real problem.
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So..eyes on the 2055/45 zone this week... unless that is sustainably broken under... its just the same old market tease.

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notable weakness: TWTR, -4.0% in the $34s.. the lowest level since 2013.

Until TWTR starts charging people for 'verified accounts'... or something to raise at least some degree of regular income, I can't take it seriously.
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stay tuned