A new day, a new deal?

Hardly, like all other EU bailouts, this one on Greece stinks to high heaven, it's not even a deal, but a few plans that are contingent on many factors and right now the Euro is reflecting that which is effecting futures.

 From yesterday in the EUR/USD our triangle at "A" is indecision, "B" is elation, "C" confusion and "D" disappointment, out $1.30 level was broken above as well an failed as was put forth as a scenario yesterday.

ES/SPX Futures from a 9:30 pm high last night, starting to fall after the open of the European markets.

We typically see initial strong volatility at 9:30, let that pass and we'll see what we have, what we don't have is the Greek deal sold yesterday.