Weak resource stocks dragged the Australian share market to a lower close today. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside.For those of you…
Steep losses from banking shares sent the All Ordinaries Index to a sharply lower close today. With two red lights and a DnDn 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…
The Australian share market managed to close marginally higher today after the Reserve Bank of Australia lowered its cash interest rate. However, the Price of the VVC/AU ended slightly lower. With one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and…
Hopes that the Reserve Bank of Australia will lower interest rates tomorrow sent the Australian share market to a higher close today. Nevertheless, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders…
The Price of the VVC/AU reversed its course for the third consecutive week, losing $0.046 per share to end at $2.479 per share and changing the Primary Wave to Dn. Two of our other key indicators, the BSR and MTI, also moved lower on a week-over-week basis. Therefore, with our MACD…