After a three-day break and the Greek election that did nothing to solve Greece's debt issues, we now have the challenge of continuing to analyze and invest in the markets.
Last Thursday I decided to open a long NTI position, which is going well with the SDS long. NTI is a refiner. The weakness in oil prices should help refiners improve their margins.
The trade ideas for the day are below. Since the market is weak and close to its Oversold level, I still expect a bounce to occur in the next few days.
In case of a bounce, HACK seems rather interesting.
I updated this idea here:
http://www.effectivevolume.com/showt...Cyber-Security