ridethepig

Greece Ready For a Breakup?

Long
AMEX:GREK   Global X MSCI Greece ETF
A timely update to Greek Equities, with outflows reaching extreme levels it is a good time to start looking for value opportunities. This move will have momentum behind it and I am a buyer of any pullbacks into support here.

This will not be the first time Greece breaks correlation from global equity flows and it is worth a look as we edge closer to a breakout after the lows managed to hold. Remember...spillover effects from Turkey crashing will help Greece directly via positive inflows:


Actively tracking for any changes in trends confirmed with a break above the 11.xx highs. Best of luck all those building exposure in Greece and thanks for keeping the likes and comments coming.

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