GREEK Market Topping Out. CAUTION!

Short

Global X MSCI Greece ETF (AMEX:GREK)

Updated

AMEX:GREK Global X MSCI Greece ETF

Trend Analysis Fundamental Analysis Beyond Technical Analysis GREK

trendanalysis fundamental beyondta grek

The structure seems to be fully formed and starting to roll over after breaking a year-long bull run.

Given the current state of the EU it is very plausible that we can see a longer-term trend lower.

Caution is in order.

Comment:

Greek stock market continued to collapse since my initial post back on Sept. 5th with no end in sight.

Magic!

snapshot

Comment:

GREK continues to collapse $31.90 today. As expected.

MAGIC!

snapshot

Real Macro Economic Investing
www.patreon.com/Realmacro

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.