Local sentiment sang in negative tone again for the second day amidst weaker regional trend. The Oscillator soaked in the red for the whole session but last minute buying enabled it to end at its day-high at -27.62; gained 325.51 when compares with its opening point. The Average recorded a loss of 329.87.
After today’s trade, both indicators continued to face south but the Histogram continued to print shorter bar in the negative zone.
Market sentiment remained weak but nibbling on low-liners was seen in last hour trading. MSCD didn’t indicate any reversal just yet. Meantime, there is no immediate stimulus emerging from the horizontal.
(Note: Explanation for Intra-Day MSO and MSCD are archived under "Labels" at the sidebar.)
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