Mar 3rd 2010

Wed, Mar 3, 2010

ASX Commentary

Weekly Trend: Up
Daily Trend: Up
Daily Momentum: ___ Up

As you can see above, the daily and weekly trends have now turned up, meaning that the ASX Systematic PowerSetups are in action again. If you do follow that portfolio be sure to download the new signals. This also means that the real time model account will start placing trades again. As I stated last night, we’re unable to know how far this renewed strength will take us. It may rollover and die next week, or it may keep going for 3-months. We need to stay with the trend until it tells us otherwise.

Share

0saves
If you enjoyed this post, please consider leaving a comment or subscribe to our newsletter and receive a free sample of our analysis each week.
This post was written by:

Nick Radge - who has written 894 posts on The Chartist.


Contact the author

Facebook comments:

Get Adobe Flash playerPlugin by wpburn.com wordpress themes
Rapid SSL
We accept Visa and Mastercard
Financial ReviewCNBCSky News Business ChannelAustralian Technical Analalysts Association
youTubeiTunesVimeo