Someone needs to call B.S on one of these stories and soon...

Here's what the SPY is looking like....

 The 5 min SPY chart of today, stops were run 2x, once in the early morning and the second time around 11:30. This inverse H&S implies a breakout above the $132.20 level or there abouts.

The current SPY 3C chart is in a leading positive divergence. Unless there's a tactical game going on, it would seem the SPY is looking to breakout of this inverse H&S. If the second story is not true, then I'd expect to see a more negative looking chart. However, this 2nd rumor on the Greek deal is not in the mainstream press yet, so once again there's the chance W.S. is setting up the game board and a break above the neckline would be a nice set up to leave retail holding the bag if the Greek Deal is really dead.

Something stinks here.