Constructed
and written by Smartbiz
Intraday
Oscillator: The Oscillator opened in the red to move downwards for the
whole session. Only last minute buying pulled it to end at +23.18; gained 79.94
compared to +178.71 its opening point. The Average recorded a loss
of 100.97; worst than -77.99 of the last session.
MSCD: %D
and %A kept on moving on the same level for several sessions but %K started to
curve slightly lower after today’s market. The Histogram printed yet another shorter
bar in the negative zone but movement is not significant.
MSCD data are appended as below:
| DATE | A_OSC | %K | %D | %A | HGM |
| 8/8/2012 | 2.40 | 78.70 | 64.56 | 65.94 | 14.19 |
| 9/8/2012 | 39.18 | 72.62 | 62.68 | 64.97 | 13.34 |
| 10/8/2012 | 73.64 | 72.78 | 63.49 | 65.28 | 12.53 |
| 13/8/2012 | 77.99 | 73.58 | 64.57 | 65.75 | 11.83 |
| 14/8/2012 | 100.97 | 77.79 | 67.27 | 67.03 | 11.57 |
| LAST+- | 22.99 | 4.21 | 2.70 | 1.28 | 0.26 |
Conclusion:
Based on charts, market sentiment remains indifferent to the
record breaking index but gradually losing strength instead. Most of the gains of
lower-liners were trimmed by profit taking as traders opted to unload their
bets amid various uncertainties.
Note: Explanation on Intra-Day MSO and MSCD are
archived under "Labels" at the sidebar.
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