Tag Archives: australia 200

Australia 200 – Weekly Outlook

This weekend’s news from Cyprus has opened up another front on the assault against the current uptrend. The question before traders is now whether history will see today’s trading as just another  red candle in the broad sideways movement that began on 20 Febuary … Continue reading

Rate this:

Posted in Uncategorized | Tagged , , , , , , | Leave a comment

Australia 200 – Weekly Outlook

Last Monday, a double top formation looked possible. As the week unfolded, this possibility was negated when the index moved past recent highs. Even so, the move to new highs has been a pretty “limp” affair so far. At this stage the index has failed … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , | Leave a comment

Australia 200 – Weekly Outlook

As I write this blog, the index is testing trend line support, with a bearish double top formation potentially in play. Economic statistics may be the driving force this week as investors hunker down to the task of assessing the extent of the damage (if … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , , | Leave a comment

Australia 200 – Weekly Outlook

At the close of trade last Thursday, most commentators were assuming that a correction was under way. By Friday afternoon giving the benefit of doubt to an established trend again seemed the safer strategy. Even so, Thursday’s 2.3% decline, on high volume could be an early warning of the … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , , , , , , , | 4 Comments

Australia 200 Index – 1,2,3 in Action

On Wednesday, we looked at the difficulties traders face in joining strong uptrends – you can read the full piece here: http://blog.cmcmarkets.com.au/2013/02/20/australia-200-index-123/ Today’s market in the Australia 200 presented multiple examples of this technique in action – across many time … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , | 3 Comments

Australia 200 Index – 1,2,3

A strongly rising market presents two major problems for traders – one psychological, the other technical. Although we’ve all heard the saying “the trend is your friend” many times, getting on board when the market has already risen substantially is … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , | 6 Comments

Australia 200 Weekly Outlook

In my outlook piece this week I discuss some thoughts on the technical outlook for the index and how this relates to the news calendar for the week ahead. 

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , | 3 Comments

Break Out!

Yesterday’s close on the share market has very important implications for investors and traders. At 5,036.9, the ASX200 is at its highest closing level since the GFC – the previous high point was 5,025.1, reached in April 2010. Recent market … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , | 2 Comments

Australia 200 – Weekly Outlook.Telstra dividend yield and other matters

The Index closed another 1% higher last week. By historical standards market valuations are by no means excessive. Even so, many investors who bought in recent months now have significant profits to protect and are, understandably, becoming trigger happy.  As the index tests technical resistance levels it continues … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , , , , | 5 Comments

Australia 200 – Weekly Outlook

As we enter a new trading week, I’ve posted some thoughts on how the share market might respond to this week’s news and the upcoming reporting season plus how all this relates to the current chart position.

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , , , , | 2 Comments