TimerTrac Broadcast – Market Timers’ View of the Market
TimerTrac Broadcast – Market Timers’ View of the Market

TimerTrac Broadcast – Market Timers’ View of the Market

Broadcast ScriptTimerTrac Developer Spotlight:

WM Reversal Detection
(Mark Wolff)

Broadcast Script

News 0.3
News Items:

(January 25, 2023)
Mojena Market Timing Ltd ends the tracking of "Mojena Aggressive and Standard."
 
(January 9, 2023)
Teabull Asset Timer Ltd adds six new strategies to be tracked called "Teabull Stock Market ST, Bond Market ST, Gold Market ST, Stock Market MT, Bond Market MT, and Gold Market MT."
 
(January 8, 2023)
Teabull Asset Timer Ltd ends the tracking of "Teabull Stock Market, Bond Market, and Gold Market."
 
(December 9, 2022)
TSP Timing ends the tracking of "TSP Timing-Election Cycle Strategy."
 
(November 26, 2022)
TheDowTheory.com adds one new strategy to be tracked called "Blay Timing Indicator."
 
(November 3, 2022)
Scarecrow Trading adds a new strategy to be tracked called "Scarecrow High 5".
 
 

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Developer Information

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        Trade           History

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Performance Graph

Market Timing in Australia

Saturday, February 25, 2023

Over the past week, the All Ords fell by 0.5%. Since reaching its highest level this year on the 3rd of February, it has fallen 3.3%.

Australia's Market 

On short-to-medium-term trend analysis, the All-Ords index has gone bearish. Its price momentum, as measured by the MACD oscillator, has been negative for the past fortnight. On short-to-medium-term trend analysis, the All-Ords index has gone bearish. Its price momentum, as measured by the MACD oscillator, has been negative for the past fortnight.

The Coppock momentum indicator turned up while in negative territory at the end of January 2023, suggesting the bear market was over. However, its upturn stalled in February 2023.

America's Market 

America’s S&P500 share index is still bullish on short-to-medium-term trend analysis, though is on the cusp of going bearish. Its MACD momentum indicator has been negative for the past fortnight. The US share market’s medium-to-long-term trend indicators went bearish in May 2022. Its Coppock momentum indicator is negative and still falling. This is a sharp contrast to the Australian share market, whose Coppock indicator suggests the bear market is over.

Sector Analysis

Within Australia, Gold (PMGOLD.ax) retains its position as the sole major sector showing positive price momentum. Resources (QRE.ax), Finance (OZF.ax), and Property (SLF.ax) all show negative and falling momentum.

Globally, Gold (PMGOLD.ax) has been overtaken by Other Developed Markets (IVE.ax), and the US Market (IVV.ax) has joined them in showing positive though slowing momentum. By contrast, Emerging Markets (IEM.ax) continue to have negative momentum, which has got worse in the last month.

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