The Price of the VVC/AU fell for the second consecutive week losing $0.02 per share to close at $2.05 per share and giving us a preliminary signal of a sustainable downtrend. Moreover, our other indicators the RT, BSR and MTI all moved lower on a week-over-week basis. Therefore, with three yellow…
Fears of a possible recession in Europe caused the Australian share market to close lower today. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside.For those of you who are…
Australian stocks closed flat today after a volatile day of trading. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops.For those of you who are “Riding the Wave”, we are…
Concerns over a possible credit downgrade for Europe caused Australian equities to close lower today. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market to the downside.For those of you who are “Riding the Wave”, we…
Positive economic data from the United States pushed the Australian share market higher today. However, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops.For those of you who are “Riding…
The Price of the VVC/AU lost $0.03 per share this week to close at $2.07 per share and changing the Primary Wave back to down. Furthermore, our other indicators the RT and BSR moved lower on a week-over-week basis. We now need to see the Price of the VVC/AU go down…
Poor jobs data caused Australian stocks to close lower today. With three yellow lights and an UpDn situation Prudent Investors should use caution when making new purchases.Aggressive Investors and Traders should play the market up or down as it develops.For those of you who are “Riding the Wave”, we…
A better-than-expected GDP figure caused the Australian share market to close higher today. With three yellow lights and an UpDn situation Prudent Investors may buy stocks as the market moves higher.Aggressive Investors and Traders should play the market up or down as it develops with a bias to the…