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

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 …

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ASX200 Hovers Around 10 Year High at 6000 – Market Update

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 …

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