The FTSE100 Futures markets (Z) fell on Tuesday after closing Monday at its highest level since August 1st. With volume and volatility low it still remained relatively positive as it closed above the technical 3 month highs. Firms that have led the way higher recently became some of the top fallers on Tuesday, mainly the banking sector such as Barclays (BARC.L) which fell 2.6% and Ashmore (ASHM.L) down 3.3% . Miners also fell yesterday as investors banked some profits after a 14% rise from this sector in the last month.

The Solas Swing Trading Software took advantage of this price action and activated various strategies across a range of sectors including, Services, Basic Materials(Miners), Consumer Goods and the Financials.

BARC.L – New S3 Long Position

Company Profile: Barclays PLC provides various financial products and services in Europe, the United States, Africa, and Asia.

BRBY.L – New S1 Long Position

Company Profile: Burberry Group plc, through its subsidiaries, designs, sources, manufactures, and markets luxury clothing and non-apparel accessories for men, women, and children primarily in Europe, the Americas, and the Asia Pacific.

ITRK.L – New S1 & S3 & S4 Long Positions

Company Profile: Intertek Group plc provides quality and safety solutions worldwide. It helps customers to assess their products and commodities against various safety, regulatory, quality, and performance standards

KAZ.L – New S1 & S3 Long Positions

Company Profile: Kazakhmys PLC, a natural resources company, primarily engages in the production and sale of copper.

ENRC.L New S2 & S4 & S5 Long Positions

Company Profile: Eurasian Natural Resources Corporation PLC, a diversified natural resources group, engages in mining, processing, energy, logistics, and marketing operations worldwide

RRS.L New S2 & S4 Long Positions

Company Profile: Randgold Resources Limited, together with its subsidiaries, engages in the exploration and mining of gold mines in west and central Africa.

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About the Solas Swing Trading Software (SSTS):
The Solas Swing Trading Model is an end of day trading strategy which delivers high probability trade signals both long & short within a defined trend across the main indices, equities & etfs.