Intraday Oscillator: Market sentiment reversed into negative tone after the break as most regional markets traded lower today. The Oscillator slid to finish off low at -100.32 lost 461.08 compared to its opening point at +360.76. The Average recorded a loss of 0.52; down by 198.63 compared to +198.11 of the previous session.
MSCD: After today’s market, %K moved sideways but the Histogram continued to print a longer bar in the positive zone.
MSCD data are appended as below:
MSCD shows sentiment was hurt by regional weaknesses but the uptrend remains intact. Overall volume decreased slightly but consider as acceptable during a weaker market.
Note: Explanation on Intra-Day MSO and MSCD are archived under “Labels” at the sidebar.