3pm update - bears carrying the world

Market is effectively in algo-bot melt mode... grinding relentlessly higher. All indexes look set to break new highs in the immediate term. The Greeks increasingly seem likely to kick the can forward for another year or two... allowing the EU.. and most other world equity markets to soar across the year.


sp'60min

VIX'60min

Summary

Without sounding like I'm trying to 'carefully' hedge my words... barring the Greeks coming out with more demands... the 'Greek situation' looks set to be kicked out another year or two.

After all.. can kicking is something that the EU does excel at.

It would seem that Varoufakis - the Greek finance minister... is nothing more than the same piece of weak minded fool that all his predecessors were.

Congrats Greece... you managed to vote in yet another Bankster friend, who is going to sell you out.. and keep you indebted FOREVER.


--

I think this should convey my current mood.........



I can only carry so much...                   back at the close

-


UPDATE 3.24pm.. with sp'2088.... monthly MACD cycle is about to attain a bullish cross.... aka.. MARCON 7... back to outright 100% bullish.

For the bears... it is the last line.. and its about to be crossed.