TimerTrac Broadcast - Market Timers' View of the Market
04/15/2024
Todd Market Forecast |
(March 4, 2024) March 2, 2024) (February 20, 2024) (December 29, 2023)
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Developer Information |
Trade History |
Performance Graph |
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Sunday, April 14, 2024 Australia's Market The All-Ords share price index rose 0.3% last week after falling by 1.6% the week before. On short-to-medium-term trend analysis, the All-Ords index is bullish. Its price momentum as measured by the MACD went negative for six trading days after being positive for the previous seven 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 first wobbled before ascending higher. America's Market America’s S&P500 share index remains bullish on short-to-medium-term trend analysis. Its MACD momentum indicator has been negative for the past ten trading days showing the market’s advance has stalled. The S&P 500 index’s medium-to-long-term trend went bullish on 14 April 2023. The S&P 500 Coppock (COP) momentum indicator turned up at the end of March 2023 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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