Euro breaks $1.30 again

I don't think there's any Greek news catalyst behind this latest move as Europe opens in about 2.5 hours.

 Here's the earlier break above the downtrend line, since the close the Euro has been dropping and the important $1.30 level has been breached, naturally taking ES down.

We have some initial positive divergences coming in to play in the area, there were several negatives right after the NY close. We'll see what happens when Europe opens and if the mystery supporter of Euro $1.30 shows up.

If the market does take a nose dive tomorrow, don't forget to consider PCLN, they have earnings tomorrow so we'll want to watch it carefully, but that could be just the event we need to get good positioning in PCLN, thus far it worked well for AAPL.

We still have a long night to go though.