Local sentiment progressed in cautious mood though Asian stocks mostly gained on Friday, ahead of this weekend’s crucial election in Greece. The Intraday Sentiment Oscillator was almost flat but last hour buying pulled it to end at +364.48; gained 203.13 when compares with its opening point. The Average recorded a gain of 188.52.In MSCD, %K (Yellow) computed as -15.77 (+37.13), %D (Red) -96.93 (+22.48), %A (Pink) -158.77 (+3.42) and the Histogram +70.53 (+2.66).
After today’s trade, all line indicators edged higher and the Histogram printed a longer positive bar.
Conclusion : Investors regained confidence today on favorable news about the Greece Election. The outcome of the election will be known this weekend.
Indicators in MSCD show market continues to progress in cautious mood. However, total volume increased near the one billion bar on buying of several small-caps.
(Note: Explanation on Intra-Day MSO and MSCD are archived under "Labels" at the sidebar.)
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