Last week rally is likely to fail again near resistance at above 2100 for SP500 and 9800 -10000 for the German Dax .
Short term indicators ( MACD 4 Hrs ) have already reversed to the downside while daily ones never crossed on the upside …
… ACTION :
We take profit on DAX and Italy positions we took near bottoms just after Brexit a few days ago .
We book small prodits of 3 to 6%.
The Put SP 500 Exercise 2150 matured on June 30th with a value of 0,77 EUR ( Based on SP 500 at 2065)
An alternative will shortly replace this closed position