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Markets behaving themselves again. Resources in the lead. With not much going on this week we have gone through all the charts on our Watchlists and made comments on most sectors on both a technical and trend basis. We have also broken up all stocks into stocks that are trending up, trending down, bottoming out and topping out. We are still in this sideways trend in Australia waiting to see which way the virus news develops as we enter the "Relapse Zone" - the period after lockdown restrictions come off, particularly in the US and UK. All good so far but it'll take a couple of weeks on the London Underground and the New York Subway before cases pick up again if they are going to.
Markets behaving themselves again. Resources in the lead. With not much going on this week we have gone through all the charts on our Watchlists and made comments on most sectors on both a technical and trend basis. We have also broken up all stocks into stocks that are trending up, trending down, bottoming out and topping out. We are still in this sideways trend in Australia waiting to see which way the virus news develops as we enter the "Relapse Zone" - the period after lockdown restrictions come off, particularly in the US and UK. All good so far but it'll take a couple of weeks on the London Underground and the New York Subway before cases pick up again if they are going to.
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