Arthur Campbell

Solas Swing Trading Software new buy signals in FTSE100

Arthur Campbell | January 23rd, 2012 | Tags:

The FTSE100 Futures index made new year highs last week but was stopped in its tracks as it hit 3 month resistance. The Solas Swing Trading Software has remained active as the majority of the mean reversion signals were generated in the Basic Materials Sector after it weakened last Friday while paying attention to the significant 6 month resistance level on the likes of BG Group and Eurasian Natural.

BG.L – New S1 & S3 Long Position

Company Profile BG Group plc operates as an integrated natural gas company worldwide. The company’s Exploration and Production segment engages in the exploration, development, production, and marketing of gas and oil.

ENRC.L – New S1 & S3 Long Position

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

FRES.L – New S1 & S3 Long Position

Company Profile Fresnillo plc engages in the exploration, development, and production of gold and silver properties in Mexico.

SHP.L – New S2 & S5 Long Postion

Company Profile Shire plc, a specialty biopharmaceutical company, engages in the research and development, manufacture, sale, and distribution of pharmaceutical products.

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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.

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