Week kicks off negatively .... Opposite graphs

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Derek  4 Sep 2017



After closing positively last week, this week kicks off negatively with all indices in the East negative. I show the S&P500 that touched resistance.

JSE Technical:
Anglo broke its resistance line only to come back and close on it. Notice that all the indicators are in overbought area.

Exxaro also touched its resistance and then broke down. Similar senario as Anglo.

Bid Corporation is doing the opposite again. Touched support and made a morning star.

Enjoy your week
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