The XJO 5000 level is proving to be a stubborn obstacle to further gains of the Australian share-market at a time when the USA indices have forged new highs after… Read More ›
Relative Strength Index
Market focus, Feb 15, 2013
XJO meets a market cross-road Arguably there is never a time when the market direction can be taken for granted. However there are times when future market direction is more difficult to pick than usual. The market reached such a cross-road intersection this past week… Read More ›
Market focus February 8, 2013
The Past Week The 50 point gain this week brings the ASX 200 index to a position in which it is likely to test a crucial technical level this coming week if the present incredibly strong impulsive move higher continues…. Read More ›
Market focus Jan 25
The 64 point lift in the XJO this week continued the upwards momentum of the Australian market. The close and high for the week was 4835.2. At the present trending incline, the important 5000 resistance level is likely to be… Read More ›
Chart analysis for Crown 16/01/2013
TA landmarks Earliest data December 2007 High was $15 Most recent data, January 2013 Close 15/01/13 was $11.64 Low following GFC was $4.18 in November 2008 Dominant trading pattern was a trading range between $7.32 and $9.44, for three… Read More ›
Technically Speaking 