LAST MONTH THE STOCK MARKET WAS MOSTLY NEGATIVE.
OVER THE LAST FIFTEEN DAYS THERE WAS VERY LITTLE MOVEMENT EITHER WAY AS THERE WAS NOTHING TO EXCITE THE MARKET,ONE CAN SEE THIS FROM THE VIX(VOLATILITY) INDEX WHERE IT WAS BELOW 20% AND TRENDING DOWN.
N0W AMERICA IS GOING TO IMPOSE SANCTIONS FROM THE 26 OF JUNE AGAINST IRAN.THIS WILL HEIGHTEN TENSIONS AND VOLATILITY IS LIKELY TO INCREASE WORLD WIDE
THE SHARES WE FOLLOW ON THE STOCH ARE ALL AT ROCK BOTTOM AND SHOWING NO SIGNS OF RECOVERY BUT ARE VASTLY OVERSOLD. THE MACD SHOULD BE WATCHED AS WELL FOR SIGNS OF RECOVERY AS WELL AS THE INDEX
THESE SHARES ARE; ACL,AGL,AMS,BIL,KIO,SAB,SOL,EXX
I AM TENTAVELY GOING LONG ON SELECTIVE SHARES
Do keep stop-losses in place as there can be sudden reversals.If Iran shows resistance the shorts should still have afield day.There is then likely to be a shortage of pretroleum products.
OVER THE LAST FIFTEEN DAYS THERE WAS VERY LITTLE MOVEMENT EITHER WAY AS THERE WAS NOTHING TO EXCITE THE MARKET,ONE CAN SEE THIS FROM THE VIX(VOLATILITY) INDEX WHERE IT WAS BELOW 20% AND TRENDING DOWN.
N0W AMERICA IS GOING TO IMPOSE SANCTIONS FROM THE 26 OF JUNE AGAINST IRAN.THIS WILL HEIGHTEN TENSIONS AND VOLATILITY IS LIKELY TO INCREASE WORLD WIDE
THE SHARES WE FOLLOW ON THE STOCH ARE ALL AT ROCK BOTTOM AND SHOWING NO SIGNS OF RECOVERY BUT ARE VASTLY OVERSOLD. THE MACD SHOULD BE WATCHED AS WELL FOR SIGNS OF RECOVERY AS WELL AS THE INDEX
THESE SHARES ARE; ACL,AGL,AMS,BIL,KIO,SAB,SOL,EXX
I AM TENTAVELY GOING LONG ON SELECTIVE SHARES
Do keep stop-losses in place as there can be sudden reversals.If Iran shows resistance the shorts should still have afield day.There is then likely to be a shortage of pretroleum products.
