As the market rallies within the last week, a lot more sectors have turned green as Industrials and IT are the best performers across all time frames in the latest ASX Sector Analysis for the week beginning 16 October 2017. The ASX Sector Analysis is conducted over three time frames – the last 3 months, …
ASX200 As my youngest daughter would say, “wait, what?”. The ASX200 finally makes a move beyond the prevailing range to move to its highest level since mid-June. It is nothing significant at this stage but good to see it have a solid run this last week to move to that high. The all time highs …
ASX200 Moves to Four Month High Above 5800 – Market Update Read More »
For the week beginning 9 October 2017, my very own Stuart McPhee Market Sentiment Indicator for the S&P/ASX 200 Index (XJO) remains well below 50 again as the ASX200 index struggles to stay above the current support level at 5650. See below for notes on the indicator. Click on the image below for a larger, …
S&P/ASX 200 Sentiment Bearish as Index Tries to Stay Above 5650 Read More »
As the market continues to struggle of late, the Energy and Materials sectors have maintained their high rankings across all time frames, as the Health Care sector moves higher, in the latest ASX Sector Analysis for the week beginning 9 October 2017. The ASX Sector Analysis is conducted over three time frames – the last …
