The S&P is up 1.2% at mid-afternoon as fears of an imminent Greek default relax (just a little).
EUR/USD is consolidating near the top of the days range, having been as high as 1.3739. Resistance and real money sellers are seen in the 1.3745/50 area. A failure to surmount that level soon would strengthen the downtrend on the hourly charts drawn off the spike high to 1.4280 on September 6, the day the SNB pegged the franc.
