Euro-Dollar-SPY

Here's the Euro ETF in green, last update looked like it was getting ready to fall, which means the Dollar Index rises and most inverse correlated assets including equities and PMs typicall fall. The SPY is in white.

This may give you a few short term intraday trade ideas using Leveraged Bear ETFs. I personally would close them by the end of the day though. As you know, my current line of thinking is the market calls are going to be pinned, the SPY should close below $128. However, the longer term charts still look very viable for a bounce. That could come Monday although I want to be a little cautious holding to big of a long position over the weekend (which I would only establish toward the close today)-remember Greece is out there and the news is flowing fast. If the market sees strength on Monday on a bounce, you can always add at that point. The 60 min positive divergences in the SPY and many others like financials would suggest any bounce would be considerable. Rule #1 is always risk management first.