With Greece in the rearview mirror, and no Tier 1 economic updates in the coming week, it is likely that traders will finally head for the beach as summer is peaking and so far everyone wasted it following the third season of the Greek bailout drama. Which means volumes will be more abysmal than ever, which also means no-volume HFT levitation will take the S&P to new all time highs in days if not hours.
For those junior traders who will be tasked to man the desks and supervise the algos, here is a quick preview of what to expect.