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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
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Dots

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Friday, June 19, 2015

Greece: At The "Point of No Return"

There's nothing but thin air below price on the Greek Stock Index, as shown on the Daily chart below...the RSI indicator is hanging on by its fingernails and has yet to make a lower low even though price has...with so many rumours flying about these days on their debt repayment situation, it's anybody's guess as to who (if anyone) will keep it afloat (above the current "point of no return").