Webcast

The parabolic move has more or less halted as the webcast for the Eurogroup, which is confirming a 4 month deal, with some strange open ends that Greece has to resolve by Monday. As always, the devil is in the details.

However, other than the normal parabolic move which is understandable on a knee jerk reaction, being suspect, there's just something very strange about the way risk assets are behaving or not behaving.

These charts are very fluid obviously with the press conference, but as of the capture just before starting this post...

 Q's not confirming on the fastest intraday chart, 1 min which should have been near automatic.

The IWM at the time of capture not only not confirming, but not performing, risk assets should see this as either risk on or risk off.

 SPY which started to confirm, then gave it up.

And XLF/Financials which we expected rotation to today, a pullback in FAZ, also not confirming, but making the expected move.

I'm jumping over to the Leading Indicators layout as well as trying to stay on top of the press conference.  Something just doesn't smell right in risk asset world.