The stock market looks to have stablized as there appears to be a solution not to kill off Greece for now. However, Greece will not survive long term as a Euro member. China imposed severe penalties on short selling, so their market stablized. If you look at the charts below you can see the S&P 500 has been in a tight trading range for the past 6 months. You can see the S&P 500 did breach the 200 moving average.

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Market in a Minute 2015-7-14