The Stochastic Alert for this period is extremely difficult to predict with any certainty,so keep those short stop losses in place. Also read Barry's update in a couple of days on his main blog,on how he sees the market developing during the rest of the year.
The weakness of the European stocks is weighing on our local exchange rate .
Shares at the bottom of the Stoch but showing no immediate reversal are ACL,ANG,AGL.
Shares still falling are and about half way down are KIO,BIL,EXX,OML,NED,SBK,SOL Shares at the top showing signs of reversal are ASA and IMP.
Completely out of sync is AMS which might make a good CALL as it is showing signs of a strong recovery. AS ALWAYS ONLY MY OPINION.
