Hanging Men (2nd August 2020)
More Signs of Weak Markets If you’ve looked at the US Markets over the weekend, you’ve probably seen that ‘hanging man’ candles are much in evidence in the US markets, signifying potential weakness. The UK market is also looking very weak, with increasing signs of a new downtrend starting – evidenced by the break below…
Market Jitters (30th July 2020)?
Is the Market breaking downwards? Although I never try to predict the markets, I do keep an eye on the support & resistance levels… [Click on image to view full size’ (opens in new tab), close tab to return] WIth more worrying Covid-19 news around, it will pay us DIY-Investors to be a tad cautious!…
Ominous Signs (5th March 2020)?
All-Share Index (ASX) Graph The trend is your friend… unless and/or until it goes against you, when it can become resistance! The All-Share Index Graph (see below) is showing a few ominous signs, after it closed down again last night (5th March 2020). This comes against the back drop of increasing numbers of Coronavirus cases.…
Death Cross (1st April 2018)
No April Fool Here (on the ASX) The All-Share Index seems to be giving us cautionary messages (see below)… The “Death Cross” relates to the 50 day m.av. passing down through the 200day m.av. (which itself is sloping downwards). I mentioned this at the last webinar but the pattern is interesting at the moment, as…
Market Crash – Should DIY-Investors Panic?
Market Crash (24th August 2015) – DIY-Investors’ View After the 154 point fall (a drop of 4.53%) in the All – Share Index (ASX) today, Mick Pavey takes a look at the ASX graph to try and make sense of what’s happening… Want to join our community of DIY-Investors? You can do that HERE! …