There have been yet more compressions in US stock markets to add to those reported in the June 16th edition and these appear to be breaking upward today and so can be bought:
Alternatively, several sector ETFs have also been compressing and are also breaking up, so these can be bought instead (or in addition). Our book will buy a mixture;
There is obviously some risk of ‘whipsaw’ in buying (again) at the top of the recent range so we will advise further as the next few days go by.
