Heading into June now.
The markets don’t have clear momentum at the moment, so be patient.
Now isn’t the time to fire all guns.
However, summer movie season is upon us, so get ready for a lot of good movies!
On the scans we have Sunningdale to watch out for.
The first signal was last week, so we are now waiting for the next signal.
If you want to be clear when to get into the markets and when to stay out,
We could be heading lower to test the 3180 area.
If we do get there, watch for the bounce then we can load up more longs.
As mentioned, it’s parabolic already.
So take some profits around this $0.925 level.
Hi-p might find some buyers around the $0.90 level, if that doesn’t hold then maybe we’re looking at the $0.83 area.
Be patient and follow system.
$0.18 per share dividend just paid out.
Be patient and follow system.
Consolidating near the highs.
Be patient and follow system.
We’re still going.
Be patient and follow system.
Be patient and follow system.
We are testing previous consolidation highs once again.
We just made an attempt to break above recent highs from before the price of the sale of their stake was announced.
Be patient and follow system.
One of the counters we spoke about at the weekly webinar.
There was a signal last week and it’s too late to get in now.
So we need to wait for the next valid signal.
For KIV.
Systematic trading has its perks.
We have a clear road map of what we need to do and where we are going.
If you would like a road map for your trading,
Good trading folks!
The post 31st May Market Update: Sunningdale Is In Our Crosshair. appeared first on The Systematic Trader | Trading Courses | Collin Seow.
Created by Collin Seow | Aug 14, 2024
Created by Collin Seow | Jul 31, 2024
Created by Collin Seow | Jun 26, 2024
Created by Collin Seow | May 29, 2024
Created by Collin Seow | May 15, 2024
Created by Collin Seow | Apr 24, 2024