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weekend lounge 23/11/18, page-68

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25/11/18

21:04

Post #: 36633961
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Hey

Originally posted by redbacka: ↑

Weekly Report

XJO was down a little this week -0.25%. That did nothing to change the overall trend, but some glimmers of light did appear this week.
The daily and weekly charts are more or less back in sync, rising a little off oversold levels. So contrarians will be looking for at least a counter trend rally.
In the previous week all Sectors had been given bearish ratings, with only one (XIJ) showing the potential for a bullish change. This week, XIJ has lapsed into the outright bearish camp. One sector has been given a "bullish" rating: XPJ (Property). Three sectors have improved from "bearish" to "bearish with a possible positive trend change". These are XUJ (Utilities), XSJ (Consumer Staples) and XXJ (Financials).
That's not a lot of positives - but some glimmers.

For full report and charts see https://australianmarketreport.wordpress.com/wp-admin/post.php?post=7398&action=edit

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Hey mate....just to let you know that link took me to a wordpress login page? btw I like your reports....when i have the time to actually read them properly ...

...also seems external links dont open in a new window any more?! sure this will be sorted but a little annoying atm...

XAO Value at posting: 5,793.4
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