Constructed and written by Smartbiz
Intraday Oscillator: Market sentiment remained cautious with profit taking shifted to small-caps and ACE counters, today. The Oscillator slid into the red shortly after the opening to finish off low at -129.75 lost 168.39 compared to its opening point at +38.64. The Average recorded a loss of 114.26; improved by 258.36 points compared to -372.62 of the previous session.
MSCD: After today’s market, %K fell below %D and the Histogram continued to print another shorter bar in the positive zone.
MSCD data are appended as below:
Conclusion:
Market sentiment continued to weakening as the Histogram has almost completed its round-top process and will proceed into the negative zone. However, as %D remains above %A, the mid-term downtrend was not confirmed. Market resilience is under testing now.
Note: Explanation on Intra-Day MSO and MSCD are archived under "Labels" at the sidebar.
Intraday Oscillator: Market sentiment remained cautious with profit taking shifted to small-caps and ACE counters, today. The Oscillator slid into the red shortly after the opening to finish off low at -129.75 lost 168.39 compared to its opening point at +38.64. The Average recorded a loss of 114.26; improved by 258.36 points compared to -372.62 of the previous session.
MSCD: After today’s market, %K fell below %D and the Histogram continued to print another shorter bar in the positive zone.
MSCD data are appended as below:
| DATE | A_OSC | %K | %D | %A | HGM |
| 10/17/2012 | 195.92 | 3.74 | -40.14 | -67.35 | 37.53 |
| 10/18/2012 | 134.19 | 23.80 | -27.22 | -60.02 | 40.23 |
| 10/19/2012 | -234.18 | -15.88 | -42.56 | -66.35 | 37.52 |
| 10/22/2012 | -372.62 | -70.74 | -67.01 | -77.49 | 29.27 |
| 10/23/2012 | -114.26 | -77.44 | -70.51 | -78.82 | 22.03 |
| LAST+- | 258.36 | -6.69 | -3.50 | -1.34 | -7.24 |
Note: Explanation on Intra-Day MSO and MSCD are archived under "Labels" at the sidebar.
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