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Monday, July 6, 2015

Greece Surprises Traders - Adjustments Could Spark A Breach of the 200-Day MA Today


One Option Trading Blog http://ift.tt/1UrNTb3 Posted 9:30 AM ET - Greece voted NO to the final EU proposal and many analysts viewed this as a YES vote to leave the union. European officials are meeting to discuss their next plan of action and they are likely to throw a lifeline to Greek banks this week while they decide. We are suffering from a post-holiday hangover and trading volumes will be light. This is a binary event and in the absence of other news, it will drive the price action. I will be trading from the short side today, but I will not hold overnight positions. Most …

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