19 June 2015

SP 500 and NDX Futures Daily Charts - Get Ready

Stocks just could not follow through the short squeeze euphoria yesterday.

Today was the June stock option expiration, often an occasion for antics in the days before and after.
Geopolitical concerns, centering around Greece and the China market volatility, have traders taking profits and cover for the weekend.
This market is a bit dodgy for all the reasons I have outlined for the past couple of weeks.
Things could get interesting quickly if anything goes amiss. 
Have a pleasant weekend.