With 988 cleared and new support there is a bit of breathing room to the next point of resistance around 1,027. If there is a concern with the rally it's to do with the lack of volume, although typical for the time of year. The heavy volume selloff in early May left supply concerns for any rally into 1,020, but with higher highs and higher lows currently the order of the day the trend friend is with the bulls.
It has been a week since I last listed my strategy signals but subscribers to one of my trading strategies will have received all of the signals for aforementioned strategies they held subscriptions too - including key intraday alerts on stop or profit target hits. If you are interested in receiving these signals to your email account please subscribe to any one of these strategies from my Zignals home page.
Yesterday's after-the-close signals were relatively light as markets traded in narrow ranges, keeping a lid on big movers - and therefore new signals.
ASX Price x 20-day MA
Long Confirmation Entry for WPL (Sydney) at AU$42.10
BSE Zignals
Long Confirmation Entry for SBI (Mumbai) at INR2449.9
Long Entry for BSES (Mumbai) at INR1158.3
Commodities Oak
Short Confirmation Entry for SlvUSD (Commodities) at $18.21
Forex Oak
Short Confirmation Entry for JPYUSD (FX) at 0.0120
Frankfurt High Winners
New Long Target and Stop for WCH (Frankfurt) at €136.7 (EoD): Target €150.8, Stop €130.2
New Long Target and Stop for PRAF (Frankfurt) at €6.05 (EoD): Target €6.69, Stop €5.77
FTSE Elm
New Long Target and Stop for LAM (London) at 264p (EoD): Target 294p, Stop 240p
India Oak
Short Confirmation Entry for KOTAK (Mumbai) at INR771.5
Indian Golden Brown
New Long Target and Stop for TELCO (Mumbai) at INR854.2 (EoD): Target INR941.9, Stop INR770.7
Long Entry for ABAN (Mumbai) at INR831.5
Indian High Winners
Long Unacted Entry for ABAN (Mumbai) at INR831.5 (EoD): Entry signal given, but exited position on same stock too recently
Indian Strength
Long Confirmation Entry for ABAN (Mumbai) at INR831.5
Irish Oak
Short Exit at Stop for PLS (ISEQ) at €27.90
MA Crossover
Long Exit at Stop for IP (NYSE) at $23.68
My YouTube Strategy
Long Entry for IWM (NYSE) at $66.33
Relative Canada
Long Confirmation Entry for MLX (Toronto) at $11.31
Relative UK
Long Entry for POLR (London) at 89p
UK Golden Brown
Long Confirmation Entry for JD. (London) at 787p
UK High Winners
Long Exit at Trailing Stop for CHNS (London) at 218p
Long Entry for LCG (London) at 123p
Long Entry for POLR (London) at 89p
New Long Target and Stop for AIP (London) at 317p (EoD): Target 357p, Stop 308p
Long Confirmation Entry for JD. (London) at 787p
Long Confirmation Entry for SFR (London) at 213p
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