Concerns over China’s economy dragged the Australian share market to a lower close today. With two red lights and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market with a bias to the…
The Price of the VVC/AU reversed its course this week, losing $0.023 per share to end at $2.498 per share and changing the Primary Wave to Dn. 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…
Gains from the energy sector sent Australian stocks to a higher close today. With one green light and an UpUp 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 upsideFor those of you who…
Steep losses from banking shares sent the All Ordinaries Index to a lower close today. With two red lights and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market with a bias…
The Australian share market closed lower today as investors sold off mining and retail stocks. With one red light and an UpUp situation Prudent Investors should use caution and only buy stocks long if the market moves higher tomorrow.Aggressive Investors and Traders should play the market up or down…
Discouraging Chinese economic data sent the All Ordinaries Index to a lower close today. However, the Price of the VVC/AU ended higher. With one green light and an UpUp situation Prudent Investors may buy stocks long as the market moves higher.Aggressive Investors and Traders should play the market with…
The Price of the VVC/AU managed to gain $0.053 per share over the last five trading days to close at $2.521 per share. Our other key indicators, the RT, BSR and MTI, all moved higher from five trading days ago. Nevertheless, with three yellow lights and an UpUp situation, the Color…
Weak energy shares pushed the All Ordinaries Index to a lower close today. With two red lights and an UpUp situation Prudent Investors should use caution when making new purchases and only buy stocks if the market moves higher tomorrow.Aggressive Investors and Traders should play the market up or…