All markets strong .... TIP on what to invest in ....

    All Channels      Market Reviews  

Derek  27 Feb 2018

Morning,

International:
The US was very strong yesterday and it is only the HangSeng that is marginally negative this morning.

The S&P500 was +1.16%. Notice that the MACD has now also broken up.



Micron Technology was again one of the top movers, but it is boring showing the same share everytime. I show Netflix that broke top resistance. Notice where the Trend Factor moved from yellow to green and then very quickly to dark green. Netflix is the 6th best mover on the the S&P500.



JSE Technical:
Resourses caught the eye yesterday on the JSE. Kumba Iron Ore gained 6.39% and the MACD finaly broke positively. Notice the Trend Factor that just stays dark green.



Exxaro was the other strong mover. Notice that its Trend Factor just turned dark green again.



TIP on what to invest in:
Stay with those shares that have a strong Trend Factor and get rid of any shares where the Trend Factor turns to red. You can easily get a list of the strong factor shares by running Analyst Expert in TradeFX. You can download TradeFX below and try it free for 30 days.

Enjoy your day.

Download
       TradeFX™       

 

Copyright © 2017 {Zoclee}™. All rights reserved.