closing position alert – 12/07/2018

A 3.1% gain on GRE We close our position on the GRE ETF (ETF Greece), advised to Buy the 11/06, with a gain of 3.1%. We take our profits on this index whose downward trend seems to us lacking conviction.

A 3.6% gain on RUS

We close our transaction on the RUS ETF (Russian ETF), advised to buy the 02/07 last, with a gain of 3.6%. We take our profits on this index closely linked to oil prices in heavy consolidation following the trade war/200bn$ new tarifs initiated by D.Trump and the return of Libyan production to the market.

A 0.9% gain on DBO We close our transaction on the DBO (ETF WTI oil), recommended to buy the 26/06, with a gain of 0.9%. We take our profits following the collapse of oil prices in the wake of the trading war heating up and initiated by D.Trump and the return of Libyan production to the market.