Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 4/22/2013, 29 days ago, when the stock price was 29.0100. Since then IVZ has risen by +18.72%.
Market Outlook
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert.