JSE TOP 40 Index: The Bigger Picture – 29 Oct 2024
Please find attached the monthly, long term JSE TOP 40 index update.
Cryptocurrencies- The Bigger Picture – 28 Oct 2024
Bitcoin and Ethereum’s technical pictures continue to diverge.
While BTC is consolidating as part of a cyclical bull trend, the long-term outlook for ETH remains more muted with volatile moves within a wide triangular trading range.
The main goal of long-term analysis is to portray possible large trends as the primary driver of returns and profits.
It is not a trading or timing input but can be used confirm the medium- and shorter-term views.
Rand Monthly Report – 28 Oct 2024
Please find attached the month-end Rand report where we examine the local currency against the major global counterparts.
US Dollar Weekly Report – 22 Oct 2024
While the longer- term bearish outlook on the US currency remains valid, medium- and short-term outcomes were adjusted since last week’s report.
The alternative outcome of consolidating market action was validated by extended short term appreciation beyond pivotal levels.
Further medium - term range trading has postponed the still relevant and eventual bear trend to new lows.
JSE Top 40 Note – 22 Oct 2024
The JSE TOPI Index update.
Cryptocurrency Weekly Report – 21 Oct 2024
The medium-term bullish outlook on Bitcoin could be materializing as the market breaks above initial key resistance.
Interim overbought conditions are likely to result in a corrective phase, but this would remain part of the larger bullish bias, if pivotal support holds.
The expected bull trend should complete the cyclical upside that started at circa $ 16 000.
Ethereum remains less certain. The general view of a medium-term bottom, however, seems to be materializing.
Rand Weekly Report – 21 Oct 2024
The USD/ZAR medium- and short- term expectations remain in line with recent market moves.
We expect volatile range trading within medium term parameters for the rest of the year.
The occurrence of a rare running correction with extended bullish consequences remains possible,
but is not the preferred outcome. We will keep a close watch as price action develops and clarifies the situation over time.
US Dollar Report – 16 Oct 2024
The US Dollar Report for the 16th of October 2024.
JSE Top 40 Index Note – 15 Oct 2024
An overlapping longer term bull phase suggests ongoing volatile moves with an upside bias over time.
The medium term view of moderate further gains remains valid.