Forecast for week June 20th 2011 ( $SPX $SPY $ES_F $NQ_F $DAX $CAC40 $EURUSD $6E_F) :

▲Indices are forming a bullish wedge approaching the lower level of the main bullish channel (green). We should have a little technical bounce at the minimum. A walk below 1240 on S&P500 would be very bearish.
EURUSD is also a good indicator for indices those days.  The pair is forming a triangle between 1.41 and 1.45; Maybe the end of the Greece joke will help it move higher.
Concerning stocks we are still adding to $GMXR, made some good trades on NYRSTAR (Belgium), still long AIR FRANCE and SOITEC (France). Also stalking $GOOG, $URA, $DANG, $SOL... We loosed on $AAPL calls.