Local sentiment plagued by worries about developments in Europe was choppy today. The Intraday Sentiment Oscillator was seen swaying up and down but ended off low at +156.96; gained 362.02 when compares with its opening point. The Average recorded a gain of 73.17.
In MSCD, %K (Yellow) computed as -47.92 (+22.01), %D (Red) -122.93 (+15.69), %A (Pink) -174.52 (+9.35) and the Histogram +68.12 (+1.72).
After today’s trade, all line indicators hooked slightly up and the Histogram printed yet another longer positive bar.
Analysis : Investors turn cautious today as the Greece Election will be held this weekend. However, continuous nibbling on blue chips and quality small-caps enables market to progress in positive mood.
(Note: Explanation on Intra-Day MSO and MSCD are archived under "Labels" at the sidebar.)
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