Therefore today's key level is 4076, and First partial exit zone if there is weakness should be around 4052-56, ( 4052 is 84 points down from this week's highs)
SPI Weekly and daily cycles
Selling has continued, as price remains below 4094 and completes the move down into 4052.
Trend bias is to continue down into the Weekly lows @ 3964.
However, there are reports coming out that Greece will be kicked out of the Euro Zone (not confirmed)
How that effects the markets in the short-term (if the news hits) is an each way bet...
as the news can cut both ways in the short-term :- positive or negative.
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