It’s a month since we last looked at the ASX benchmarks. Over the month the ASX200 has bounced from its significant support zone between 4925 and 5000 up to a forming resistance zone between 5275 and 5330, and straight back down to currently be positioned right in the middle of the significant support zone of…

The close on All Ordinaries and ASX200 on Friday last week, 11th December, took both of the ASX’s main benchmark indices to the bottom half of a significant support zone. On the All Ords between 5030 and 5175, and on the ASX200 between 4950 and 5050. The two and a half year daily chart of…

The S&P500 is currently enjoying a short and medium term up trend and is shaping up to make another attempt at achieving a new all-time high. This current medium-term uptrend was first confirmed on 19th October after the S&P500 rose above the top downward slanting black trend line and then formed a short-term trough above…

There is an old saying in the financial markets that even a dead cat will bounce if it is dropped from high enough. This “dead cat bounce” refers to a short term recovery in a down-trending market or a sharp recovery rally following a sharp and sudden price decline. At first the ‘dead cat bounce’…

Much has been made lately of the impact the Chinese economy is now having on the total global economy and the ramifications any slowdown in China will have on global growth, and global equity markets. We have seen in recent weeks just how nervous and volatile global equity markets are in relation to the whole…

Much of the educational message we deliver here at Share Wealth Systems focuses on the need to use a systematic approach to our trading and investing using a strict set of unambiguous signals to time our entry into and exit from the market. During periods of extended upward momentum in the markets many investors tend…