The All Ordinaries Index managed to close in positive territory today despite losses in energy shares erasing early gains. However, the Price of the VVC/AU ended the day slightly lower. With two red lights and a DnDn situation Prudent Investors should not buy stocks if the market is falling.Aggressive…
Despite receiving a Confirmed Up, C/Up, signal on Tuesday, 1st December, the Price of the VVC/AU reversed its course and issued a Confirmed Dn, C/Dn signal today as the Price of the VVC/AU moved lower for two consecutive five-day trading periods and the MTI moved below 1.00. On a Friday-over-Friday basis,…
Faltering crude oil prices sent the Australian share market to a lower close today. Therefore, with two red lights and a DnUp situation Prudent Investors should not buy stocks if the market is falling.Aggressive Investors and Traders should play the market as it develops with a bias to the…
The All Ordinaries Index closed to the downside today as losses in industrials and healthcare stocks weighed on the market. With two red lights and an UpUp situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders should play the market as it develops.Portfolios…
Advances in banking shares helped Australian equities soar to a higher close today. With one green light and an C/Up situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders should play the market as it develops with a bias to the upside.Portfolios AU…