A day of profit taking pushed the Australian share market to a lower close. 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…
Declines from banking stocks pushed the Australian share market to a lower close 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…
The Price of the VVC/AU remained unchanged this week at $2.339. Two of our other key indicators, the RT and MTI, continued to move lower on a week-over-week basis, while the BSR made a slight gain. However, with the Price of the VVC/AU falling for two consecutive weeks and the MTI…
Hopes that the incoming U.S. Federal Reserve chair Janet Yellen will continue to take measures to boost the economy sent the Australian share market to a higher close today. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders…
Profit taking pushed the Australian share market to a sharply lower close today. With three red lights and a Confirmed Dn 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…
Strength in the resource sector offset weakness in the banking sector causing Australian equities to finish the trading session only slightly higher. However, with one red light and a DnUp situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market with a bias to…
News that the Chinese government may introduce a nationwide property tax by 2015 pushed the Australian share market to a lower close today. With one red light and an UpUp situation Prudent Investors should use caution and only buy stocks if the market moves higher tomorrow.Aggressive Investors and Traders…
The Price of the VVC/AU reversed its course this week and began moving lower, falling $0.007 per share to close at $2.339 per share. Furthermore, our other key indicators, the RT, BSR and MTI, also moved lower on a week-over-week basis. We now need to see the Price of the VVC/AU…