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Intraday Oscillator: Local sentiment was subdue amid cautious regional markets. The Oscillator slid to end at -376.24, lost 342.00 compared to its opening point at -34.25. The Average recorded as -212.93; lost 117.05 compared to -329.98 of the previous session.
MSCD: After today’s market, %K continues its southward journey and the Histogram printed another longer bar in the negative zone.
MSCD data are appended as below:
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| DATE | A_OSC | %K | %D | %A | HGM |
| 11/20/2012 | -5.84 | -115.17 | -104.32 | -100.32 | -21.32 |
| 11/21/2012 | -130.35 | -117.51 | -106.25 | -101.41 | -19.30 |
| 11/22/2012 | -204.96 | -130.96 | -113.57 | -105.17 | -18.92 |
| 11/23/2012 | -329.98 | -161.57 | -129.60 | -113.35 | -21.53 |
| 11/26/2012 | -212.93 | -169.47 | -135.78 | -116.97 | -23.96 |
| LAST+- | 117.05 | -7.90 | -6.17 | -3.62 | -2.43 |
The amount of negative news that we have seen recently has been mind-blowing. To name the most concern: Europe is going into recession, Greece and several other countries are on the verge of bankruptcy, the Middle East is in powder crash, and the U.S. is facing a fiscal cliff. All this will make our investment more vulnerable and risky.
Note: Explanation on MSCD can be found under "Label" at the sidebar.
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