technicals

A dangerous time to catch falling knives, but there could be signs of this move down being completed in overseas markets. The bond price rising has been the cause of markets falling. So it is important at the moment to keep an eye on the 10 year US bond market and the VIX, to understand where LNC and the rest of the markets are going.

On LNC, the 1.42 is important to hold, with most of the recent activity having been in the 1.42 and 1..505 area. I have taken a low risk/tight stop entry here. The stop is set at 1.39, so there is a 3c risk. The aim is to catch the upside, but if I am wrong, then I only loose 3c.