Looks like a top is forming...
The weekly /ES chart already has a SELL signal.
On the daily /ES chart, 1565 on /ES appears crucial to hold, after one or two more up days in the rollover area.
Right now, new worthy market tuggings are China, Portugal and coming back again, Greece...
4 July 2013
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Charts are from TD Ameritrade Thinkorswim platform