For the week beginning 14 August 2017, my very own Stuart McPhee Market Sentiment Indicator for the S&P/ASX 200 Index (XJO) remains below 50 again as the ASX200 index struggles to stay above the new support level at 5650. See below for notes on the indicator. Click on the image below for a larger, clearer […]
S&P/ASX 200 Sentiment Bearish as Index Tries to Stay Above 5650 Read More »
ASX200 This is bordering on farcical now … the ASX200 index continues to do very little as it moves up to the key 5800 level only to be sold off again. What I find fascinating is that the US’ S&P500 index has not only recovered from the GFC 2008 losses, it has moved another 50%
ASX200 Remains a Puzzle – Market Update Read More »
As the market continues to struggle of late, the Materials and Industrials sectors lead the way in the different time frames, as the Telecommunications sector brings up the rear, in the latest ASX Sector Analysis for the week beginning 7 August 2017. The ASX Sector Analysis is conducted over three time frames – the last
ASX Sector Analysis – Materials and Industrials Best of a Bad Bunch Read More »
For the week beginning 7 August 2017, my very own Stuart McPhee Market Sentiment Indicator for the S&P/ASX 200 Index (XJO) remains below 50 again as the ASX200 index struggles to stay above the new support level at 5650. See below for notes on the indicator. Click on the image below for a larger, clearer
S&P/ASX 200 Sentiment Bearish as Index Tries to Stay Above 5650 Read More »
