thought that i would post an upgraded version today from what i had posted four days earlier .... as you can see
the sideways trend continues with a strong change in price movement downwards
Column 1 Column 2 Column 3 Column 4 Column 5 0 TREND BANDS FOR SECTORS1 TW0 MONTH TRAD'G BAND – DIRECTION 4 DAYS AGO / TODAY LOCATION IN TRADING BAND 4DAYS AGO/TODAY DIRECT'N WITHIN TRADING BAND 4 DAYS AGO / TODAY2 XAO ALL ORDS SLIGHTLY DN / SIDEWAYS TOP/ MID POINT UP/ DOWN3 XDJ CONS DISCRETIONARY DOWN / VERY SLIGHTLY DN. TOP / MIDDLE UP / DOWN4 XSJ CONS STAP DOWN / DOWN CLOSE TO TOP / UPPER MIDDLE UP / DOWN5 XEJ ENERGY UP / VERY SLIGHLTLY UP MIDDLE / BOTTOM UP/ DOWN6 XFJ FINANCIALS SIDEWAYS/ VERY SLIGHTLY UP CLOSE TO TOP / LOWER MIDDLE UP/ DOWN7 XGD GOLD SIDEWAYS / UP TOP / UPPER MIDDLE UP / UP8 XHJ HEALTH DOWN / DOWN UPPER MIDDLE / MIDDLE UP / DN9 XIJ IT SLIGHTLY UP/ SLIGHTLY UP TOP / MIDDLE UP / DN10 XJR RESOURCES DOWN / DOWN TOP / MIDDLE UPPER UP / DOWN11 XMJ MATERIALS DOWN / VERY SLIGHTLY DN. TOP / UPPER MIDDLE UP / DOWN12 XNJ INDUSTRIALS DOWN / DOWN TOP / MIDDLE UP / DN13 XMM METALS / MINING DOWN / SLIGHTLY DOWN TOP / NEAR TOP UP/ DOWN14 XPJ PROPERTY UP/ UP BOTTOM / BELOW MIDDLE DOWN/ DOWN15 XTJ TELECOM'S SLIGHTLY DOWN/ DOWN CLOSE TO TOP / UPPER MIDDLE UP / DOWN16 XUJ UTILITIES SIDEWAYS / SLIGHTLY UP TOP / MIDDDLE UP /DNFrom the above the upward or slightly upward trending sectors are ENERGY, FINANCIALS, GOLD, IT, PROPERTY AND UTILITIES ...... there is only one sector where the price is moving up and that is GOLD
Sectors moving downward or slightly downward trending are CONSUMER DISCRETIONARY, CONSUMER STAPLES, HEALTH, RESOURCES, MATERIALS, METALS & MINING, TELECOMS...
GK.
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