XJO 0.84% 8,295.1 s&p/asx 200

Crush a Can Wednesday, page-4

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    Here's a summary of trends on four time scales:

    Column 1 Column 2 Column 3 Column 4 Column 5
    0 Index Short Term Medium Intermediate Long
    1 XJO Short Short Short Flat
    2 xtl Flat Short Short Short
    3 XMD Short Short Short Long
    4 XSO Flat Long Long Long
    5          
    6 XMJ Short Flat Long Long
    7 XEJ Flat Long Long Flat
    8 XXJ Long Flat Short Short
    9 XNJ Short Flat Flat Long
    10 XDJ Short Short Short Flat
    11 XHJ Long Flat Short Flat
    12 XPJ Short Flat Flat Short
    13 XUJ Short Short Short Short
    14 XSJ Short Flat Long Long
    15 XTJ Short Short Short Short
    16 XIJ Flat Long Long Long

    For the broad market index (XJO) the trend is down on three out of four time scales.

    Short term, Financials (x-prop) and Health are positive.

    Look to those indices for buying opportunities.
 
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