TimerTrac Broadcast - Market Timers' View of the Market
01/29/2024
TimerTrac Developer Spotlight: Glance Financial Advisors LLC |
(December 29, 2023) (October 29, 2023) (October 2, 2023) (October 1, 2023) |
||
Developer Information |
Trade History |
Performance Graph |
|
Saturday, January 27, 2024 Australia's Market The December Santa rally ended abruptly on 2 January 2024 after the Boxing Day holiday. Thereafter the Australian All-Ords share index fell 3.7% to Tuesday 18 January but since then has rebounded by 2.8% to Thursday 25 January (before the Australia Day ASX closure). On short-to-medium-term trend analysis, the All-Ords index is bullish. Its price momentum as measured by the MACD oscillator has been negative for the past fifteen trading days but has diminished as market confidence jumped last week. On medium-to-long-term trend analysis, the All-Ords index is bullish. The All-Ords Coppock (COP) momentum indicator bottomed at the end of December 2022 and thereafter trended up into positive territory where it has wobbled, but still stayed modestly positive. America's Market America’s S&P500 share index continues to be bullish on short-to-medium-term trend analysis. Also, its MACD momentum indicator has gone positive in the last four trading days suggesting that Wall Street has regained its mojo. The S&P 500 index’s medium-to-long-term trend went bullish on 14 April 2023. It became more bullish after its 10.3% correction in August to October 2023. The S&P 500 Coppock (COP) 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 well and truly over. |
|||
Friday, January 26, 2024 Gold Market ST (Bullish) Our Teabull Gold Market ST Oscillator is located slightly below its TBX index. Thus, as of the close of trade on January 26/24 we are on a Short-Term "Bullish" signal for major US Gold Miner Indexes. Bond Market ST (Bearish) Our Teabull Bond Market ST Oscillator is located slightly below its TBX index. Thus, as of the close of trade on January 26/24 we are on a Short-Term "Bearish" signal for major US Government Bond Indexes. Stock Market ST (Bullish) Our Teabull Stock Market ST Oscillator is located slightly below its TBX index. Thus, as of the close of trade on January 26/24 we are on a Short-Term "Bullish" signal for major US Stock Indexes. |
|||
If you are an active TimerTrac Developer and would like to submit your commentary to our broadcast, send your submissions to [email protected]. Please review our broadcast policies before submitting your commentary. * |
|||
The TimerTrac Broadcast is an e-mail broadcast available to the public. Anyone can subscribe or unsubscribe to the TimerTrac Broadcast list at any time, free of charge. A subscription to the TimerTrac Broadcast does not include a subscription to TimerTrac.com. TimerTrac Developers DO NOT see a list of TimerTrac Broadcast subscribers. |