2072 has to hold !!!!

The s@p futures have to hold the 2072 on the daily charts in order for the uptrend to remain intact. However I do not think that level will hold. The news that Greece may default on its loan payment hit the market hard this morning. I have been saying that this could be the catalyst for the market to decline. I also feel that their is way too much complacency with long term investors. They are almost like dismissing what is going on. The Dow is down over 500 points from my target range. Oil and gold have no clear patterns on the daily charts, however I think both are headed lower.


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