Risky Financial Assets , Stocks Bonds and Currency are selling hard after Greece PM declared referendum and Greece imposed Capital control,Banks are shot till 6 July. Safe Heaven Gold poped up.
Greek Capital Controls Begin: Greek Banks, Stock Market Will Not Open On Monday
Dow F down 300 points EUR USD opens up 200 pips down Breaks To 1.09 Handle. Live SGX Chart SGX OPen down 100 points Few Charts are shared below showing panic.
US equity futures open down hard…
- *TREASURY 10-YEAR FUTURES RISE 1 1/2 TO 126 17/32
Which implies a 20bps plunge in yields!
This might have something to do that that collapse…
- *WTI OIL OPENS 79 CENTS LOWER AT $58.84 A BARREL IN NEW YORK
- *GOLD FUTURES CLIMB 1% TO $1,184.60/OZ IN NEW YORK
Charts: Bloomberg
Gm sirji
Sir TC level means Tc in Chopad ? Since NF crossed down from 8416, we are short..
yes sir
Today one more Train ready to start its journey to station no 7940. Those who missed previous train try to get in with strict stop loss.
WHAT SHOULD WE DO? EXIT ALL LONG POSITIONS OR WAIT.
As per TC level we are short so will use the dip to book profit as per rules.
Rgds,
Bramesh