Market Wastes No Time

The market dropped earlier than I expected, but its all the same. We are likely to close weak today and tomorrow should be a wild day. Surprisingly, today seems more like a methodical, cold-blooded selloff, rather than the emotional gap down opening yesterday with the Greek riots on TV. SPX 1150 should be tested and will likely fail in the face of euro destruction. The euro has solid support at 1.25 and that should stop the trend. The end of the tunnel can be seen.