[isatrader]

I'd thought I'd follow up on notanewmember's post above on the Athens Index and show the longer term chart as the GREK ETF hasn't been trading for very long.

The index shows imo that after a brief Stage 2 advance from October 2012 to May 2013 that it's now in Stage 3 and flirting with a potential breakdown to Stage 4A as the technicals have all turned negative. So I think a weekly close below the 800 level would signal a move into Stage 4 again, and so this is only suitable for a trader method pick on the short side currently. Attached is my charts