Our system’s recommendation today is to STAY IN CASH. The previous SELL recommendation was issued on 12/4/2013, 2 days ago, when the index value was 170.1300. Since then OMXSMCGI.ST has risen by +0.02%.
The downtrend seems secure and the bears are confident and happy. The current price levels demonstrate the wisdom of our previous SELL signal. You may wait on the sidelines, or consider other securities for a bullish bet.