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Monday, June 22, 2015

Update For Monday June 22, 2015 Premarket

Greece is again in the news.They will probably kick the can into the future. The GDP of Greece
is so small that it will not have much effect on US markets.We have been having rally since June
15, 2015 . The markets are fractured with NASDAQ and Russell 2000 making  new highs.
DJI and SPY did not make a new high and DJT and utilities are near lows.
Dollar  should be completing 4th step down and will start moving up to new highs.
Gold and Silver are moving back down after two day rallies
DJI & SPY and rest of the market should go down after a rally today to Thursday highs
or in the case of Russell 2000  and Nasdaq  may be making new highs.
According to CBO, US public debt levels have started going up again and will go above GDP
by 2040 and this is not sustainable
 SPY
 DJI


IWM
TNA
TZA
GLD
NUGT
DUST
ERX
ERY
DGAZ
UVXY

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