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Local sentiment picked up from a weak start at the backdrop of a lackluster regional market, Thursday. The Oscillator climbed all the way up to end at its day-high at +842.57; gained 957.42 when compares with its opening point. The Average recorded a gain of 377.97. 
In MSCD, %K (Yellow) computed as -49.46 (+77.69), %D (Red) -91.21 (+37.55) and the Histogram -16.55 (+14.58).Technical Analysis
After today’s trade, both indicators moved higher and the Histogram printed another shorter bar, almost completed its round bottoming process.
In MSCD, the breakthrough of %K and the completion of the Histogram’s round bottoming further confirm the reversal of market sentiment. The significant increase of today’s volume shows that the reversal is not only because of window dressing but due to expectation of some moving impetus.
(Note: Explanation for Intra-Day MSO and MSCD are archived under "Labels" at the lower portion of the sidebar.)
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