Few things happened over the week. The WIG Index broke 30700 and the weekly buy signal has been generated. Nevertheless, the breakout has not been accompanied by high volume. The oscillators are giving mixed signs, the volume is decreasing. It is hard to tell those are positive signals.
However, the price pays, not our opinions. Our positions should be in the money right now and we should not exit the market until the price says so.
Some thoughts on Latvia's trouble (here).
US market has been rallying lately (here). Finance sector is quite popular among traders (here).
Interesting words from president of MasterCard’s U.S. markets (here).
Sources:
[http://seekingalpha.com/article/141370-the-trouble-with-latvia-what-it-is-and-why-it-matters]
[http://www.marketwatch.com/story/bellwether-of-financial-sector-delivers-for-bulls]
[http://www.bloomberg.com/apps/news?pid=20601087&sid=arDe3NYD.WWY]
[http://www.bloomberg.com/apps/news?pid=20601087&sid=acsP1tdVTN6g]
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