Worries over a possible government shutdown from the United States pushed the Australian share market to a lower close today. With two 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…
The Price of the VVC/AU gained $0.010 per share to end at $2.328 per share. Although the Price of the VVC/AU moved higher, the bearish divergence between the Price of the VVC/AU and our other key indicators, the RT, BSR and MTI, is still suggesting that downside risks outweighs upside potential….
Stronger iron ore prices pushed the Australian Share market to a higher close today. However, with three yellow lights 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…
Energy stocks rallied today leading the Australian share market to a higher close. With one green light and an UpUp situation Prudent Investors may buy stocks long only as the market moves higher.Aggressive Investors and Traders should play the market with a bias to the upside.For those of you…
Concerns over the United States budget issues pushed the Australian share market to a lower close today. With two 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…
Australian shares closed to the downside today on concerns that the U.S. will stop all bond buying programs in the near future. With one red light and a DnUp situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play the market with a bias to the…
The Price of the VVC/AU rose for the second consecutive week gaining $0.019 per share to close at $2.318 per share. While the Price of the VVC/AU moved higher, our other key indicators, the RT, BSR and MTI, ended the week lower. This bearish divergence suggests that downside risk outweighs upside…
News that the United States will continue its bond buying program pushed the Australian share market to a higher close today. With one green light and an UpUp situation Prudent Investors may buy stocks long only as the market moves higher.Aggressive Investors and Traders should play the market with…