TimerTrac Broadcast - Market Timers' View of the Market
12/12/2023
TimerTrac Developer Spotlight: Leveraged Momentum |
(October 29, 2023) (October 2, 2023) (October 1, 2023) |
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Developer Information |
Trade History |
Performance Graph |
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Saturday, December 9, 2023 Australia's Market The Australian All-Ords share index jumped by 1.7% last week after rising by 0.6% the week before. The index last troughed on Monday 30th October. The rise since then has been 6.4%. On short-to-medium-term trend analysis, the All-Ords index is bullish. Its price momentum as measured by the MACD oscillator has also swung wildly. It has been positive for the past twenty-six trading days but has strengthened since 29th November. On medium-to-long-term trend analysis, the All-Ords index went bearish on Thursday 28th September. The Coppock momentum indicator bottomed at the end of December 2022 and thereafter trended up into positive territory where it remained though flattened. America's Market America’s S&P500 share index is bullish on short-to-medium-term trend analysis. Its MACD momentum indicator was positive for twenty-three trading days but went negative in the last three trading days. The S&P 500 index’s medium-to-long-term trend went bullish on 14 April 2023. It remains bullish notwithstanding its 10.3% correction in August to October. The dark green S&P 500 Coppock momentum indicator turned up at the end of March and thereafter has continued rising and is strongly positive which confirms that the previous US bear market is over and there is not a new downturn in sight yet. |
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Friday, December 8, 2023 Gold Market ST (Bullish) Our Teabull Gold Market ST Oscillator is located slightly above its TBX index. Thus, as of the close of trade on December 8/23 we are on a Short-Term "Bullish" signal for major US Gold Miner Indexes. Bond Market ST (Bullish) Our Teabull Bond Market ST Oscillator is located slightly above its TBX index. Thus, as of the close of trade on December 8/23 we are on a Short-Term "Bullish" signal for major US Government Bond Indexes. Stock Market ST (Bearish) Our Teabull Stock Market ST Oscillator is located slightly below its TBX index. Thus, as of the close of trade on December 8/23 we are on a Short-Term "Bearish" signal for major US Stock Indexes. |
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