Greek FTASE20 continues to slide downwards maybe towards 260 (76% retracement area). I see pressures to continue to push lower and buyers on stand by mode. I remain neutral if not bearish. If you like risk you short this market. If you are not very risk tolerant then you stay on the side and wait to enter long positions when the market will show some real signals. The lower yellow trend line is my target for the index. If the upper yellow line is broken I believe we can see a good rally.
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