My best attempt at T/A for this week and please bear in mind that we have all been wrong before and some indicators are
leading and others lagging and some more reliable than others.
DAILY - RSI about 55 STs and STf - NO tick McD about -.25 MOM appears to be ticking up CCI only just into negative
DMI remains green with ADX at 60 - tick
This chart is throwing up more questions than answers to me. In other words I am not sure but I do like both the weekly
and monthly charts a whole lot better and they are the ones I concentrate more on.
WEEKLY - RSI above 70 and about where it was late Dec. and has been higher and I still give it a tick STs and STf - NO tick
McD +.14remaining positive - tick MOM has pulled off slightly still a tick CCI +200 - tick DMI green with ADX about 55 - big tick
MONTHLY - RSI remaining above 70 and has been higher a year ago - tick STs - tick STf - NO tick MOM perfect as it marches
onwards OBV + 40.2k - tick CCI and McD - tick DMI green with ADX only at 60 - big tick.
In a nutshell with good traders and large funds involved plus shorters out to make quid plus the fear and greed I am expecting
volatility. And how long the volatility lasts I have no idea. GLTAH the ride might be rough but I will be holding and reminding
myself of the fundamentals.
FMG Technical Analysis, page-4518
-
- There are more pages in this discussion • 7,145 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.29 |
Change
0.150(0.83%) |
Mkt cap ! $56.31B | |||
| Open | High | Low | Value | Volume |
| $18.14 | $18.38 | $18.02 | $164.0M | 9.002M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10275 | $18.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 2897 | 2 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |