Reply To: Technical Index Trading & Analysis

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#3151
georgeski
Participant

The news is confusing. The headline is that the ECB is Turning the screw on Greece yet when you read the article from Bloomberg. Yet they have approved the issuance of Emergency Liquidity Assistance to the Greek banking system to cover any liquidity shortfall caused by today’s move. It probably explains the drop(well timed) as it came out about 20 mins before close of Dow.