Australia’s ASX All Ordinaries Index gained 1.4% this week. It gained above its 21-DMA but continues to trade below its 50- and 200-DMA. The index registered one distribution day this week. We shifted the index to an Uptrend Under Pressure from a Confirmed Uptrend on Monday. It has six distribution days.
Symbol: NXT.AU
Global Focus Developed
Australia’s ASX All Ordinaries Index gained 0.3% on below average volume this week and closed below its 50- and 200-DMA. The index registered one distribution day this week and one day is set to expire next week. It is in a Confirmed Uptrend with six distribution days.
Global Focus Developed
Australia’s ASX All Ordinaries Index declined 1.1% this week and closed below its 50- and 200-DMA. The index registered one distribution day this week. It is in a Confirmed Uptrend with six distribution days with one day set to expire next week.
Global Focus Developed
Australia’s ASX All Ordinaries Index declined 2.4% on above average volume this week and breached support along its 200-DMA. It is testing support along its 50-DMA. The index registered three distribution days this week and remains in a Confirmed Uptrend with five distribution days.
Won Global View
The U.S. market remains in a Confirmed Uptrend. The S&P 500 pressed higher for the sixth consecutive session, while the Nasdaq pulled back slightly and picked up a distribution day. Both indices remain slightly extended above their respective 21-DMA (S&P 500 3,368 (-3%); Nasdaq 11,110 (-4%)) as the distribution day count increased to five on the Nasdaq and remains unchanged at one on the S&P 500.
Global Focus Developed
Australia’s ASX All Ordinaries Index declined 0.2% this week. The index is trading along the 200-DMA. It remains in a Confirmed Uptrend with four distribution days. Two distribution days will expire next week.
Global Focus Developed
Australia’s ASX All Ordinaries Index gained 0.1% this week. The index reclaimed its 200-DMA (+0.3%). It remains in a Confirmed Uptrend with four distribution days after adding one on Thursday.
Global Focus Developed
Australia’s ASX All Ordinaries Index gained 1.9% this week. The index is trading just below its 200-DMA. It remains in a Confirmed Uptrend with three distribution days. This week, one distribution day expired and a new one was registered.
Global Focus Developed
Australia’s ASX All Ordinaries Index gained 1.4% this week. The index is trading 2% below its 200-DMA. It remains in a Confirmed Uptrend with three distribution days. One distribution day expires next week.
Global Focus Developed
Australia’s ASX All Ordinaries Index declined 1.5% this week. The index is
testing support along its 50-DMA. It remains in a Confirmed Uptrend with
three distribution days.
