After spending most of the day in negative territory, strength in the resource sector pushed Australian equities to close slightly higher. With one green light, one yellow light and one red light, we have a mixed bag. Therefore Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should…
Although strength in the resource sector and Wall Street pushed Australian equities higher today, we didn’t see any improvement in the RT or the BSR. We currently have one red light and an UpUp situation. Therefore Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the…
In a short week, Australian equities went on a rollercoaster ride. After getting a Confirmed Down signal on Thursday, investors pushed the market higher on Friday and we are back to a Primary Up signal. We need to wait and see where this market is headed. Therefore Prudent Investors should remain…
Although strength in resource stocks pushed Australian equities higher today, our indcators didn’t show much improvement and we now have a Confirmed Dn situation. Therefore Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as it develops with a…
Weak commodities and a lower close on Wall Street pushed Australian equities sharply lower today. With two red lights and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as it develops with a bias to…
Gains in the resource sector pushed Australian equities slightly higher today. However, with three yellow lights and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as it develops.You may see all the action of the…
The Price of the VVC/AU fell $0.51 for the week and four out of five days. It has now changed direction for the 7th consecutive week and now reflects a Primary Dn signal. We currently have one red light and a DnDn situation. Therefore Prudent Investors should not buy stocks…
Weakness in overseas markets and intererst rate fears pushed Australian equities to its third consecutive lower close. We now have one red light and an DnUp situation. Therefore Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as it…