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:

Teabull Asset Timer Ltd

Broadcast Script

News 0.3
News Items:

Teabull Asset Timer Ltd ends the tracking of "Teabull Stock Market MT, Bond Market MT, and Gold Market MT, Stock Market LT, and Gold Market V.4.0."
 
(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."
 

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Developer Information

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        Trade           History

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Performance Graph

Market Timing in Australia

Saturday, April 1, 2023

Australia's Market

After falling seven weeks in a row, the All-Ords index finally staged a strong rally last week.
It was up 3.3% after slipping 0.7% the week before.

Compared with its all-time high on 4 January 2022, the Australian market is still down 7.0%. But that is better than the previous week when it was 10.0% below its peak, putting it in correction territory. A fall of less than 10% is a “pullback”, one of 10% to 20% is a “correction,” and one of over 20% is a “crash”.

The Australian All-Ords is still bearish on short-to-medium-term trend analysis but stayed bullish on medium-to-long-term analysis thanks to the strong rally in the All-Ords last week.

America's Market

The reverse applies in America, where on short-to-medium-term trend analysis, the S&P 500 index went bullish last week. Its MACD
momentum indicator, which was negative from 16 February 2023, has been positive for the past ten days, suggesting the fallout from the banking crisis is over. However,  the S&P 500 index remained bearish on medium-to-long-term analysis though its Coppock momentum indicator has turned up in the negative territory, suggesting the worst is over.

Sector Analysis

Within Australia, all sectors are now positive except Property (SLF.ax) which continues to slide. The leading sector is Resources (QRE.ax) followed by Gold (GOLD) and Finance (OZF.ax).

Globally, all sectors are now positive with Other Developed Markets (IVE.ax) still leading, followed by Gold (PMGOLD.ax), the US Market (IVV.ax), and now Emerging Markets (IEM.ax) which had been in the doldrums for a long time.

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