Written by Gary
Lots of volatility in the markets today. The SP500 open up, fell below yesterday's low, recovered enough to test a key resistance and failed. A bearish sign for sure, plus the SP500 closed at the lower Bollinger line, and also remains below the 145 DMA.
U.S. stocks turned positive around mid-afternoon in choppy trading today as investors hoped for a last-minute deal to keep Greece in the euro.
Todays S&P 500 Chart
Share prices around the world were holding steady as investors watched to see if Athens would make a critical loan repayment to the I.M.F. The stock market has shifted to neutral, and investors don't expect the rest of 2015 to be a joy ride.
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