TimerTrac Broadcast - Market Timers' View of the Market
06/18/2024
TimerTrac Developer Spotlight: Two Corner |
(March 4, 2024) March 2, 2024) (February 20, 2024) (December 29, 2023)
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Developer Information |
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Performance Graph |
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Sunday, June 16, 2024 Australia's Market In the last week, the All-Ords share price index fell 1.7% after rising 3.2% the week before. On short-to-medium-term trend analysis, the All-Ords index is on the cusp of going bearish. Its price momentum as measured by the MACD has been negative for the past three trading days. On medium-to-long-term trend analysis, the All-Ords index remains 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 is bullish on short-to-medium-term trend analysis. Its MACD momentum indicator has been positive for the past seven trading days. The S&P 500 index’s medium-to-long-term trend remains bullish notwithstanding its temporary pullback in April 2024. The S&P 500 Coppock (COP) momentum indicator has continued rising and is strongly positive which confirms that the previous US bear market is well and truly over. |
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