MARKET PULSE (SENTIMENT) - PhiMates Pty Ltd

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MARKET PULSE (SENTIMENT)

Major Indices

NOTES & OBSERVATIONS

  • S&P500 CONTINUES TO MAKE HIGHER HIGH'S AND HIGHER LOW'S CONFIRMING THE STRONG UPTREND

  • THE MARKET CLOSED ABOVE ITS 50, 100, 130 & 200 EMA'S ON WED 09-OCT-2013 DESPITE THE LOOMING US DEBT CRISIS AT THAT TIME

  • THE 50, 100 AND 200 EMA'S ARE ALL SLOPING UP AND STACKED ABOVE EACH OTHER

  • THIS CLEARLY IMPLIES A "BULLISH" MARKET PHASE AS CAN BE SEEN BY THE DAILY CHART BELOW



HIGHER HIGH'S AND HIGHER LOW'S
 
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