Derek 22 Jan 2018Morning, International: The US steamed ahead on Friday, but small moves in the East this morning, ahead of US Government shutdown. I show the DAX that made a nice J-curve and is moving towards resistance again. ![]() Generel Electric Company had some bad results lately and just when you think it can turn, the news just get worse. I zoomed out quite a lot to show you where TradeFX's TrendFactor changed from yellow to red. (Stay Away) I just wanted to illustrate that you must not invest in negative trend shares. ![]() JSE Technical: Every time Richemont wants to break up, the Rand strengthens again to send the price correcting further. Has it found support now? I would like to see some futher positive movement. Notice that the MACD has broken up quite a while ago, but not even that helped the price. ![]() Remgro has been moving sideways for quite a while and is struggling against current resistance. Notice that the MACD has not broken up. ![]() You get those days when there are no action. Patience .... patience .... patience .... The Market is build to frustrate you! Enjoy your day. |
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