10 July 2015

SP 500 and NDX Futures Daily Charts - Dog Days

The markets were surprisingly quiet today despite the rally back up in the tightening loop in US stocks.

The news was a snooze, except for China and Greece.

China is enjoying a bit of a bounce, which is highly consistent with the comparison to the Nasdaq dot com bubble graph which I compared it to last week.

As for Greece, I think the progress of the talks is about what one would expect.

Next week will be more of the same.

Have a pleasant weekend