Season’s Greetings I want to wish you Season’s Greetings and a Happy New Year! This is a great time of the year as everyone thinks about spending time with family and friends. I hope you enjoy some time away from work and the markets and have a great New Year! I also hope you …
As the market surges higher in the last month or so, we are seeing widespread green across all time frames. Telecommunications has had a little resurgence itself in the last week lifting itself off the canvas for the 3 month time frame at least, for the week beginning 18 December 2017. The ASX Sector Analysis …
For the week beginning 18 December 2017, my very own Stuart McPhee Market Sentiment Indicator for the S&P/ASX 200 Index (XJO) remains strongly in bullish territory with the resurgence of the index over the last month or so and remaining near the ten year high. See below for notes on the indicator. Click on the …
S&P/ASX 200 Sentiment Bullish as Index Near Ten Year High Around 6000 Read More »
ASX200 The ASX200 index has enjoyed another solid week moving higher although it continues to look a little shaky at any level above 6000. It formed another classic reversal pattern yesterday as it got close to 6050 and today has eased lower back towards 6000 again. The positive remains that it is currently trading higher …
ASX200 Hovers Around 10 Year High at 6000 – Market Update Read More »
