sp'60min
Summary
*closing hour was mostly chop.... but with certainly leaning on the upside. For the bears.... it was annoying, but the downward channel did at least hold.
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.. and another wacky week in the twisted US market comes to a close.
Most had expected a Greek by now.... but no.. it is going to drag out across the weekend and into next week.
My best guess? A last minute deal, late Monday/Tuesday... with the market rallying from there.
I still fear some degree of multi-week rally across July and into early August, and until then.. I will be very cautious on any short side trades.
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*holding LONG VIX across the weekend, but I have Oct' calls.. and I'm not concerned about the ticking detonator clock.
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Have a good weekend
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*the usual bits and pieces across the evening to wrap up the week.