Our system’s recommendation today is to STAY IN CASH. The previous SELL recommendation was issued on 5/15/2013, 9 days ago, when the stock price was 29.7750. Since then IHG has fallen by -2.67%.
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.