Australian shares closed lower today as investors remained cautious ahead of the release of key economic data from China. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long only if the market moves higher tomorrow. Aggressive Investors and Traders should play the market up…
The Price of the VVC/AU reversed its course for the second consecutive week, gaining $0.019 per share to end the week at $2.323 per share and changing the Primary Wave to Up. Furthermore, our other key indicators were mixed on a week-over-week basis, with the RT unchanged, the BSR moving slightly…
Gains from resource stocks pushed the Australian share market to a higher close today. With one green light and an UpDn situation Prudent Investors may buy stocks long as the market moves higher.Aggressive Investors and Traders should play the market with a bias to the upside.For those of you…
Positive leads from overseas markets pushed Australian stocks to a higher close today. However, with three yellow lights and a DnDn 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 the…
Australian stocks closed to the downside today as they followed U.S. markets lower. With three red lights and a Confirmed Dn 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 “Riding the Wave”,…
Lower-than-expected economic data from the U.S. pushed the Australian share market to a lower close today. With one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside.For those of you…
The Price of the VVC/AU reversed its course this week and began moving lower, falling $0.017 per share to close at $2.304 per share. Furthermore, two of our other key indicators, the BSR and MTI, also moved lower on a week-over-week basis. We now need to see the Price of the…
Encouraging retail sales data pushed the Australian share market to a slightly higher close today. However, with three yellow lights and a DnDn 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…