The bulls did an excellent job of keeping the market running straight up today after the buyers showed some signs yesterday. We had a couple of very minor dips but it was mostly steady buying throughout the day. How much of today’s strength is due to traders playing the positive seasonality period and end-of-the-month window dressing? They also seem quite unconcerned about the possibility of any negative news out of Greece tomorrow or the day after. Over all it’s a strong day and the bulls may want to push for further upside, but in the very short term we have to be on guard for a sell the news reaction to the Greece vote tomorrow morning.
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