Derek  28 Aug 2017


Markets are mixed with small movement. I show the S&P500 that closed just above the EMA8 line, but below the negative trend line. Indicators are in neutral area.

JSE Technical:
Kumba Iron Ore opened a window when it went ex-dividend, but quickly closed it again. This is one of the top trend shares on the JSE.

Blue Label Telecoms announced excellent results and it has broken resistance after making a J-curve. Do you see the J-cuve?

Weekly Charts:
If you are a medium term invester and the daily charts are too volatile for you; rather have a look at weekly or HeinkenAshly charts.
I show the weekly chart of Anglo American Platinum (not a recommendation, only example) and notice that the volatility is much smoother.

I hope you have a great week.
Download TradeFX™

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