G20 convenes

The G20 meetings are beginning tomorrow 7th of July.

You can read more about the G20 here.

There is expected to be some volatility due to the large number of sensitive issues to be discussed.

A few major topics up for discussion will be Migration, Climate and Trade.

Trumps seems to be on opposing sides of the scale from most global leaders, so this should make for interesting debates in session.

The world keeps turning and perpetual global events will keep the markets in constant motion.

Find out how to ride these market tides,

Click here.

STI

Not a lot happening on this front, we need to be patient.

Market is bouncing along on 3200 for the moment.

STI still trapped

OCBC

Potentially near the end of this ride if the STI turns down from here.

Be patient and follow system.

OCBC is struggling to make new highs, held down by the STI

Wing Tai

Still held in a range, unlikely to have more upside until the STI heads higher as well.

Be patient and follow system.

Wing Tai is held in a range

ComfortDelGro

So we have the second valid signal as well.

Be patient and follow system.

Comfortdelgro second valid signal

Capitaland

Triggered into a position thanks to the signal on 30th June.

First level of support is coming in $3.43

Be patient and follow system.

Capitaland be patient and follow system.

Wilmar

A little bounce up as expected from the strong breakdown move.

It should continue lower soon, otherwise the momentum downwards would be suspect.

Be patient and follow system.

Wilmar experiencing a bit of retracement after the strong move.

The pickings are slim because the market is generally in a range for the moment.

There appear to be more short side opportunities than long as well. This is probably due to the reits skewing the scan results.

Nevertheless, if you need help positioning yourself with the market,

Join us for this FREE workshop!

Good trading folks!

The post Volatility Warning! G20 Convenes For The 12th Time In Hamburg. appeared first on The Systematic Trader | Trading Courses | Collin Seow.