This is going to be a short post since not a whole lot technically happened yesterday that I feel is worth writing about. We made slight progress in early trading and then the former Prime Minister of Greece had to come out and open his mouth which erased much of the days gain. But as I discussed yesterday, there was no reason to go gangbusters over Monday’s rally anyway.
Below we have a simple chart of a multitude of moving averages. We seem to (in the short-term) be dancing between the 360-day moving average and the 10-day moving average. Â
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