S&P 500 Jul 06 to Jul 10 Outlook

Recap
Situation in Greece destroyed the bulls hope for another attempt to the upside. Clean breakdown from the start of the week pointed to Y-3 target and we got that same day. Y-3 support sent ES back up to Y-2 and consolidated there since. Closed the week near Y-2 and midpoint.

Outlook
ES in upside triangle. Breaking the support line will lead to retest of Y-3 / B-1.

B+1 / Y-1 very strong resistance with potential measured move target at 2010-2020.