11am update - still stuck

Equities remain broadly flat... price structure is a baby bull flag... within a large bearish ascending wedge. Equity bears just need a daily close <sp'2121, with VIX 12.30s.. to offer a provisional break. Metals remain weak, Gold -$5. Oil is +0.3% after another net weekly inventory draw.


sp'60min

vix'60min

Summary

Its getting pretty tedious again.

What is clear... considering the utter failure for a Greek deal... a mere 6 days ahead of the next due payment... the broader market is holding up bizarrely well.
-

notable strength, momo stocks, FB +1.4%, NFLX +2.0%, TWTR +0.4%

After all, what is to fear... the Greek situation will be fine, right?
-

weakness, BTU -7.4% in the $2.50s... just another day for the coal miners.