Stuart McPhee

Australian private trader for more than 20 years, author, trading coach, licensed adviser and regular speaker at major trading events all around the world. Graduate of RMC Duntroon and former Australian Army Officer.

S&P/ASX 200 Sentiment Bearish as Index Tries to Stay Above 5650

For the week beginning 31 July 2017, my very own Stuart McPhee Market Sentiment Indicator for the S&P/ASX 200 Index (XJO) remains below 50 again as the ASX200 index struggles to stay above the new support level at 5650.  See below for notes on the indicator. Click on the image below for a larger, clearer …

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AUDUSD Reaches 0.80 – Market Update

ASX200 I am not sure there is much more I can say about the S&P/ASX200 Index. It continues to move between 5650 and 5800 and not do much else. The selling pressure / resistance continues at 5800 and again, with the resistance in place and playing a significant role, the key level of 6000 seems …

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ASX Sector Analysis – Industrials and Materials Leads the Way

The Telecommunications Index has eased a little in the short term, as Materials and Industrials are performing solidly across most time frames in the latest ASX Sector Analysis for the week beginning 24 July 2017. The ASX Sector Analysis is conducted over three time frames – the last 3 months, 6 months and 12 months.  …

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