Market is at a crucial level and the Greek referendum has received "NO" Vote.
This means Greece may exit Euro zone which can bring volatility in the market.
It is better to go with strict stop loss for all long positions and try to book profits
and exit.
If market closes negative today, then we may see some correction which would
be opportunity to buy.
So short term traders need to be careful with their long positions and if market
fails to move higher, we can look for shorting opportunities.
This means Greece may exit Euro zone which can bring volatility in the market.
It is better to go with strict stop loss for all long positions and try to book profits
and exit.
If market closes negative today, then we may see some correction which would
be opportunity to buy.
So short term traders need to be careful with their long positions and if market
fails to move higher, we can look for shorting opportunities.
Oil prices soared to their highest weekly rise since the end of July on higher demand forecasts and the resume of refineries in US.capitalstars
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