ASX200 I am not sure there is much more I can say about the S&P/ASX200 Index. It continues to move between 5650 and 5800 and not do much else. The selling pressure / resistance continues at 5800 and again, with the resistance in place and playing a significant role, the key level of 6000 seems …
The Telecommunications Index has eased a little in the short term, as Materials and Industrials are performing solidly across most time frames in the latest ASX Sector Analysis for the week beginning 24 July 2017. The ASX Sector Analysis is conducted over three time frames – the last 3 months, 6 months and 12 months. …
ASX Sector Analysis – Industrials and Materials Leads the Way Read More »
I received an email from someone during the week about support and resistance and their application on indices. For many years I didn’t subscribe to the importance of support and resistance with indices because they just track a group of stocks. Therefore, there are not a bunch of people sitting there waiting to sell the …
The Telecommunications Index has enjoyed a surprise rally in the short term as it climbs off the canvas towards the top, as Materials is performing solidly across all time frames in the latest ASX Sector Analysis for the week beginning 17 July 2017. The ASX Sector Analysis is conducted over three time frames – the …
