Concerns over Europe’s economy dragged the Australian share market sharply lower today. With three red lights and a DnUp situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play the market with a bias to the downside.For those of you who are “Riding the Wave”, we…
The Price of the VVC/AU rose for the third consecutive week gaining $0.006 per share to close at $2.315 per share. While the Price of the VVC/AU moved higher for the week, the RT, BSR and MTI closed lower. This bearish divergence continues to signal that downside risk outweighs upside potential….
Weak commodity stocks dragged the Australian share market to a lower close today. With three red lights and a DnUp situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market with a bias to the downside.For those of you who are “Riding the Wave”,…
Steep declines from banking stocks led the Australian share market to a lower close today. With one red light and a DnUp situation Prudent Investors should stay on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops with a bias to the downside.For…
Concerns over China’s economy dragged the Australian share market to a lower close today. With two red lights and an UpUp situation Prudent Investors should move to the sidelines. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are…
Gains from banking stocks pushed the Australian share market higher today. With three yellow lights and an UpUp situation Prudent Investors should be cautious when buying stocks and only make purchases on up days. Aggressive Investors and Traders should play the market up or down as it develops.For those…
The Price of the VVC/AU rose for the second consecutive week, gaining $0.013 per share to end at $2.309 per share. However, two of our other key indicators, the RT and MTI, remained stagnant, while the BSR lost ground. This movement is still suggesting that downside risk outweighs upside potential. Nevertheless,…
Declines from financial stocks led the Australian share market to a lower close today. With one red light and a DnUp situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play the market up or down as it develops.For those of you who are “Riding the…