TimerTrac Broadcast - Market Timers' View of the Market
04/23/2024
ProfitScore Capital Management, Inc. |
(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 21, 2024 Australia's Market The All-Ords share price index fell 2.9% last week after rising 0.3% the week before. On short-to-medium-term trend analysis, the All-Ords index turned bearish last week. Its price momentum as measured by the MACD has been negative for the past eleven trading days. On medium-to-long-term trend analysis, the All-Ords index is still strongly 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 has gone bearish on short-to-medium-term trend analysis. Its MACD momentum indicator has been negative for the past fifteen trading days reflecting the markets pullback. 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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