TimerTrac Broadcast - Market Timers' View of the Market
02/12/2024
TimerTrac Developer Spotlight: Hg Capital Advisors, LLC |
(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 10, 2024 Australia's Market The All-Ords share price index retreated 0.7% the last week, after jumping 1.9% the week before. After reaching an all-time high on Friday 2 February 2024 the further breakout from the horizontal trading range since April 2021 did not happen. On short-to-medium-term trend analysis, the All-Ords index is bullish. Its price momentum as measured by the MACD oscillator went positive on 30 January 2024 after being negative for the previous three weeks. However, the All-Ord’s momentum has slowed in the 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 been positive for the last fifteen trading days. 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 dark green 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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Friday, February 9, 2024 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 February 9/24 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 above its TBX index. Thus, as of the close of trade on February 9/24 we are on a Short-Term "Bearish" 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 February 9/24 we are on a Short-Term "Bearish" signal for major US Stock Indexes. |
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