Case study: sideways trading

I think we are experiencing the classic sideways pattern...and wall street is probably loving it...looks too simple so I think they're going to change it up soon.

Oil my gosh!

Well...oil is certainly rocketing from its lows. Nowadays: where oil goes, the market follows. Or to put in more accurately, the conditions which are causing oil to rally also tend to support stock prices.

We could resume the upward trend again. The Greeks are negotiating. That's a good thing.