Doji inside triangle

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Derek  16 Mar 2018


I showed the DOW yesterday and it has now made a doji inside the triangle. This shows the uncertainty about the way forward. I show the NASDAQ that corrected back to its break line to close just above the EMA8 line.

These uncertainties is not stopping Tencent that is still steaming ahead towards resistance. There seems to be a problem with US data this morning, so I show Tencent again. I cannot even open Google Finance.

JSE Technical:
It was in the end Anglo and Billiton of the resourses that made a move. I mentioned Billiton previously. Now it has broken both my trend lines, but still below the 200 day moving average.

Barloworld is also bouncing on support, but still below the trend line.

You must have a great weekend.
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