April : + 45 %
May : + 89 %
June : + 104 %
July : + 24 %
Aug : - 32 %
Sept : - 24 %
Oct : + 44 %
Nov : - 1 %
Dec : - 19 %
2012 was a year of two distinctly similar trading patterns. The first overbought trade did not occur until the end of March, when the market pushed to a peak of 1420, before rolling over into a base at approx 1265. From June to September the market then rallied to a peak of approx 1475, before rolling over again to a low of about 1345. A year end rally then took the market up to 1450 before a bit of profit-taking gave a year end value of 1430.
The difference of the two falls in the market was in the detail of the weekly moves. For the first peak and subsequent fall, the extremes were hit at the end of the trading week together with double week confirmations of the peaks and troughs. However, for the second cycle, extremes were hit mid-week and the highs and lows were not always confirmed. This complicated the trading advice, and twice impacted on the performance (Aug & Sept, then Nov & Dec). Our advices have been suitably revised to hopefully compensate for these intra week volatility spikes.
2012 was a year of two distinctly similar trading patterns. The first overbought trade did not occur until the end of March, when the market pushed to a peak of 1420, before rolling over into a base at approx 1265. From June to September the market then rallied to a peak of approx 1475, before rolling over again to a low of about 1345. A year end rally then took the market up to 1450 before a bit of profit-taking gave a year end value of 1430.
The difference of the two falls in the market was in the detail of the weekly moves. For the first peak and subsequent fall, the extremes were hit at the end of the trading week together with double week confirmations of the peaks and troughs. However, for the second cycle, extremes were hit mid-week and the highs and lows were not always confirmed. This complicated the trading advice, and twice impacted on the performance (Aug & Sept, then Nov & Dec). Our advices have been suitably revised to hopefully compensate for these intra week volatility spikes.
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