Last week market was in holding pattern except on Friday when it made a move UP (in anticipation) but on less volume. The new democratic party in Greece won the election and at least for now Greece is here to stay in Euro-zone. Most likely we should see a relief rally in markets across the globe. However, beware as this rally might be temporary and we need to be cautious... What is below BPNYA Index chart telling us?
Few things are clear from below NYSE chart:
What shall we do?
DO NOT loose sight of:
Have a plan and good risk management strategy... Comments are closed.
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