Click on above images to enlarge
Today the stock market gapped down at the open on the deteriorating Greece situation, then traded modestly upward in a choppy fashion. It's still too early to say which way the new market direction is going to be once we breakaway from the threshold we are at. The NASDAQ & the SPY both ran up to the upper line of their recent channels as shown in the bottom chart set but pulled back as they hit it right before the bell. We will just have to see what tomorrow brings.
Alan
Please see risk disclaimer below
Alan
Please see risk disclaimer below