Constructed
and written by Smartbiz
Intraday
Oscillator: Market sentiment remained scary as the oscillator stayed below
the zero level for the whole session today. Only last minute buying enabled it to
end at +3.48; gained 26.99 compared to its opening point at -23.51.
The Average recorded a loss of 73.04; improved 441.65 points compared to -514.70 of the
previous session.
MSCD: After
today’s market, %K hooked slightly up but below %D and the Histogram printed a shorter
bar in the negative zone.
MSCD data are appended as below:
| DATE | A_OSC | %K | %D | %A | HGM |
| 19/9/2012 | 6.14 | 88.94 | 132.53 | 118.90 | 12.02 |
| 20/9/2012 | 411.50 | 138.55 | 153.20 | 129.54 | 6.69 |
| 21/9/2012 | 10.78 | 118.90 | 142.65 | 125.22 | 0.60 |
| 24/9/2012 | 514.70 | 179.77 | 170.21 | 139.38 | 2.39 |
| 25/9/2012 | 73.04 | 163.36 | 163.01 | 136.97 | 1.98 |
| LAST+- | 441.65 | 16.41 | 7.20 | 2.41 | 0.41 |
Conclusion:
Market sentiment recovered from yesterday’s selling but remained
cautious today. The last minute buying was a sign of the return of investors
but in low volume.
In MSCD, though %K has hooked up but is moving in downtrend. Market
sentiment will progress in cautious mood amid uncertainties from both local and
foreign.
Note: Explanation on Intra-Day MSO and MSCD are
archived under "Labels" at the sidebar.
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