well ive got 30k shares now at 446,5 on average, oil holding tops, cant see SP below 435 now . Unless we see massive correction should grind up with oil price. resistance 460, 482, 492. Good luck chaps, filled my boots and sold eur usd after Greenspan's comments :-)
Barclays and Citigroup. Maybe. Am only guessing but today's movement is a spike and will continue to drift towards over the next week or two. I'm a BP buyer but I'll wait a bit. However, Oil prices are slowly creeping upwards ever closer to the magic 60p. I'm thinking my sub £4 buy in may need to be increased up otherwise I'll miss the boat on this one. Nice divi here.
charts ,fibs etc etc are aids to a gut feeling on fundamentals , if you relied on charts and lvls alone your just playing with the automated systems throughout the world which adds untold liquidity but most often so many false breaks that quickly reverse. Have a view with regards to probable influential factors in the coming months and stick with that view. I believe BP goes up from here as will Brent, I do feel after feb 28th , world indices may sell off if trump promises on policy do not materialise , so prepared to re think, should needed short term.
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