Scalper1 News
Major averages closed higher yesterday on mixed volume. European markets are up 1% to 3% as Greek Prime Minister Alexis Tsipras is ready to accept the creditors’ bailout terms after Greece missed a payment deadline yesterday at midnight Athens time. This could serve as basis for a new aid package in coming days, according to the report, and has U.S. futures up sharply this morning. As always, in this news-driven, volatile environment, keep stops tight if you’re still holding onto any positions. Most leading stocks are in broken-down positions within their overall chart patterns, and in most cases it is not necessarily clear that stocks are in low-risk entry positions. With the long 4th of July holiday weekend coming up, markets could simply drift with an upward bias over the next two days. Scalper1 News
Scalper1 News