Market Watch Weekly: The Secret Bull Market In Australia, Volatility Lows Not Seen Since 2007, Elliott Wave Targets
This Market Watch Weekly is for educational purposes only and is not to be interpreted as trading or investment advice. See Terms Of Use here.
This week we look at the Volatility Index (VIX) and how volatility is now at five year lows not seen since early 2007. This means there are very few shocks in the market at the moment, it is trending smoothly along without any fuss. Needless to say this can be a very good for trading and investing too! Especially if you have your solid, tested stock market trading plan ready to use and take action on.
We also look at Elliott Wave targets on the world indices like All Ordinaries, FTSE and Dow Jones.
Of course please do your own due diligence – a great place to start is the free trading and investment course on this site. Check out the strongest sectors report to find out where the best places to be in the market right now, and our free Live S&P ASX 200 Shares list, Charts and Top Movers.
Don’t forget to tell me what you think! Good bad or indifferent, leave a comment below.
Happy trending,
Dave McLachlan
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March 18, 2012
Tags: All Ordinaries, ASX, asx market, elliott wave, investment, learn to trade, Market Watch Weekly, online trading, trend following Posted in: Market Analysis, Market Watch Weekly
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