ASX200 has a Headache at 6000 Again – Market Update

ASX200 After falling reasonably strongly from the 10 year high in the last couple of weeks, the ASX200 index has attempted to rally higher and just run straight back into the key level of 6000, which has provided some angst recently. The all time highs this week: ALTIUM LIMITED  ORDINARY ARB CORPORATION.  ORDINARY ARENA REIT. …

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S&P/ASX 200 Sentiment Bullish as Index Near Ten Year High Around 6000

For the week beginning 20 November 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 moving to a ten year high.  See below for notes on the indicator. Click on the …

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ASX200 Eases Below 6000 after 10 Year High – Market Update

ASX200 The index has finally decided to move from the well established trading range and surge higher to a 10 year high (no less) within the last week or so above 6000.  It has however spent this last week easing back below 6000 again. The all time highs this week: ALTIUM LIMITED ORDINARY ARB CORPORATION. …

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