On the 14 shares we follow first dealing with the resources ACL,AGL,BILEXX,KIO,SOL are at the Top and do not look as if they might fall just yet,in fact they might bump along in this zone for awhile.Do observe the moving averages for the first sign of retreat,It might not be the right time to go SHORT yet.
The banks ASA,FSR,SBK,NED,OML are all showing signs of downward movement but to call for SHORTS is also difficult.There is s likelyhood of both OML and NED falling further so they could be considered for a SHORT,
PLEASE DO YOUR OWN RESEARCH AS ALL CALLS BY ME ARE MY OPINION ONLY
MTN is also likely to stay at the top of the stoch for a while longer.
A good LONG might be AMS which has been a LAGGARD A lesser certain LONG is SAB but it does seem to be reversing up from the mid-way range
The shares are taken from shares in the top 40 index
