Or it may just be going underground for a bit...

Carpe diem: Intraday tactics for Dax and Dow

Latest news: Christine Lagarde, managing director of the International Monetary Fund, will reportedly be staying at home rather than attending the days meetings in Brussels. Slight change to my tune, this now means there will be no deal today. Trade ...

Carpe diem: Intraday tactics for Dax and Dow

Speculators may pump the prices north ahead of the EU Summit. Also appointment of Tsakalotos as Greek Finance Minister is good for negotiations.

Carpe diem: Intraday tactics for Dax and Dow

Not sure about that, but it looks as though a few obstacles are out of the way to get the deal done (no offence to Samaras and Varoufakis).

Carpe diem: Intraday tactics for Dax and Dow

It caused a dead-cat bounce.... please be careful trading this news, markets will drop again. Samaras the opposition Leader also resigned, giving Tsipras less opposition in parliament.

Carpe diem: Intraday tactics for Dax and Dow

Hard to say what Greece will be like in the near future and their solvency. All we can do is trade the news and go with the flow...

Carpe diem: Intraday tactics for Dax and Dow

Bold move by Tsipras gives bold rewards... +316 Then comes along Schaeuble to pour some cold water. url

Carpe diem: Intraday tactics for Dax and Dow

Bizarre isn't it. ASX closed at its high for the day.

Carpe diem: Intraday tactics for Dax and Dow

Interesting - if you get the 'yes' vote at the referendum then all equities markets will go back up quick sticks.... assuming the bailout offer can be re-instated.

Carpe diem: Intraday tactics for Dax and Dow

Fair call. What do you think will happen to Syriza/Tsipras with regards to their term in office and their popularity if the "yes" vote prevails in the referendum?

Carpe diem: Intraday tactics for Dax and Dow

Te Kanis Sakis? How is it in Athens now? Do you get a vibe as to whether the greeks will support syriza's recommendation to reject the bailout offer during the referendum? Cheers

Carpe diem: Intraday tactics for Dax and Dow

I think reactive trades are best from here, whether its a deal or no deal on Greece. Wait for the news, it will be a big move either way.

Carpe diem: Intraday tactics for Dax and Dow

I think so, however I feel that markets may pause (or gradually rise) now while the greek deal is hammered out later this week.

Carpe diem: Intraday tactics for Dax and Dow

url I think we may see upside on Monday now...

Carpe diem: Intraday tactics for Dax and Dow

I think we may see a pullback on Monday to 10,841pts, which is the 200 SMA on the Daily chart. It kind of reminds me of the price action of the Daily chart on 16 May 2015, which was also a day after a shooting star (on 15 May 2015), thus, resulting ...

Carpe diem: Intraday tactics for Dax and Dow

I'm convinced that there are Funds that would automatically kick into buy mode at those specific levels...

Carpe diem: Intraday tactics for Dax and Dow

Bounced off 10,804 (50% Fib) again... Retest of 16 June.

Carpe diem: Intraday tactics for Dax and Dow

This all assumes no Grexit of course.

Carpe diem: Intraday tactics for Dax and Dow

Believe it or not his advice was 16 June 2016 (today) as the interim low, just for some reason my charts were saying 15 June 2016. He then indicated it should resume up trend. This was his chart.

Carpe diem: Intraday tactics for Dax and Dow

They are getting closer on agreeing the Fiscal Budget Surplus and VAT requirements, but the Pension reform seems to be the major sticking point now.

Carpe diem: Intraday tactics for Dax and Dow