ASX Market Watch

Australia's Foremost Authority On Stock Market Trends

• Home
• About
• Disclaimer
• Suggestions, Questions, Comments
• Stock Market Plans, Courses and Tools

Market Watch Weekly – Short Term Buy Signals on FTSE, Dow Jones, All Ords, and Hang Seng Elliott Wave

By Dave McLachlan

Click below for the latest Market Watch Video (if you can’t see the video, click the link above).

UPDATE:

Finally we have some short term buy signals on the All Ords – and then on every other market too – as the markets are more related than we think.

Price has crossed our trend line, then made a higher trough and higher peak – this is a short term buy signal for me, so I am expecting higher prices.  The last time we got a signal like this was to the down-side, in April 2010.

We also look at the long term Elliott Wave in Asia on the Hang Seng, and where this market is likely to head.  Why is this important?  Because in the future Australia will follow our Asian partners more and more.

Check out the Video below!

Thanks heaps for checking out ASX Market Watch – Subscribe in the top right hand corner for weekly updates! 

As always please do your own due diligence - a great place to start is the free trading and investment course on this site.  Check out my personal Trading Diary if you want to see me practice what I preach. 

Happy trending,

Dave

.

. If you enjoyed this, subscribe and get the latest updates for free:

Enter Your Email Address:

.

(Check Your Junk Mail, Just In Case)

July 24, 2010  Tags: asx chart, asx market watch, asx trend, Dave McLachlan, elliott wave, investing, resistance, stock market, support, trading, trend line  Posted in: Market Watch Weekly

• « Previous post
• Next post »

• Free Trading And Investment Video Course When You Subscribe

  

  Enter Your Email Here:

  (Check Your Junk Mail)