GREECE : Bad News from ECB......FYIThe ECB announced that Greece cannot exchange it's junk bonds for Money. Although the market closed hours ago, the ETF GREK , took a massive 10 % hit in the last 15 min of the trading session. Te Euro also reacted negatively against the USD. Cheers Algo by AlgokidPublished 2
GREK INDEXIdea about what's going on with GREK. It obviusly went down because of the head and shoulders but will it bounce back to ATH levels or dump with Europe crash in some months?by UnknownUnicorn129775Published 0
Is Greece Really Growing Faster Than Rest Of Europe? Based on latest economic stats, it looks like Greece is in recovery mode, according to The Wall Street Journal. * blogs.barrons.com * stockcharts.com Disclosure: I bought todayLongby luisellaPublished 1
Greece ready to continue back upMy Elliott Count for the Greece ETF is looking ready for an upcoming bull run. I count us near the end of a wave ii, in an extended wave 3. As all us EW chartists know, this is an ideal spot for entering long, or buying call options. However, Here is a BEARISH scenario, where A=C and we are just starting the wave down.... This appears to be in sync with the National Bank of Greece (NBG) in which I have been closely following, here is a chart of that: Would love to hear from other Elliott wave chartists, Longby NathanaelPublished 111
Looks like the Greece ETF is on its final leg.This looks like the last leg up before a correction. Keep a close eye on it. The final "v" wave of an expanding diagonal usually "throws over" the diagonal line, so in that case we could see a quick jump to 28/29 zone before a decline, but it will most likely go down sharp and fast, so be careful. by NathanaelPublished 110
GREKupdateI correct my previous count analysis of GREK-FTSE 20 Greece ETF, but i remain bullishLongby imilkonPublished 0
Triple bottom?Bottoming out RSI. Messing with the Pitchfork and ABCDs. Trying new things. :)Longby beckyhiuPublished 0