TimerTrac Broadcast - Market Timers' View of the Market
02/26/2024
TimerTrac Developer Spotlight: Teabull Asset Timer Ltd |
(February 20, 2024) (December 29, 2023) (October 29, 2023) (October 2, 2023) (October 1, 2023) |
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Developer Information |
Trade History |
Performance Graph |
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Saturday, February 24, 2024 Australia's Market The All-Ords share price index fell 0.1% last week, after rising 0.3% the week before. On short-to-medium-term trend analysis, the All-Ords index is bullish. Its price momentum as measured by the MACD has been negative for the past ten trading days. 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. However, its MACD momentum indicator has gone negative in the last four trading days reflecting a slowdown in the index’s advance. 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. |
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