Greece Dark Cloud

There is a potential catalyst for the euro next week when there is a EU meeting where Greece bond restructuring is likely to be discussed.  The commodity funds are on edge, they are hanging on here hoping that we bounce back quickly.  If the market doesn't cooperate, we could see further liquidation next week.  That would probably induce equity weakness.  Below 1330 support, there is likely to be a bit of panic selling down to 1310.  Perhaps that will be a place for the market to bottom.  The ES is quite resilient, so I don't see it breaking 1300.