Market Breadth Data******************************

Monday, July 06, 2015

$QQQ Box Trading

Qs and the major averages remain stuck in the Greek referendum box, with clearly defined support/resistance levels:












Everything in between is just noise. Unfortunately, those who think that the referendum will bring a speedy solution to the crisis are sadly mistaken, and the uncertainty will keep pressure on the markets.

Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.