Rand Weekly Report – 16 Sep 2024
The technical bearish stance is materializing and remains valid.
There are two alternative outcomes once the initial target area has been reached.
In this report we discuss both the preferred (less bearish) and alternative viewpoints.
JSE Resources 10 Index note – 12 Sep 2024
Resource stocks are due a decent rebound from oversold and unloved conditions.
Whilst this might not yet be the end of the recent sharp bear trend, the longer-term outlook is that of maturing downside.
There is a glimmer of light at the end of the long term tunnel.
Iron ore Report – 10 Sep 2024
Please find attached a iron ore technical analysis report, as requested by an All-In-One member.
The data has been quite difficult to get hold of – beg, steal and borrow!
Crypto Weekly Report – 10 Sep 2024
The general consolidation in BTC is ongoing and should have an eventual bullish outcome.
ETH seems to have either completed or are in the process of completing the large bear trend.
Our medium- term view is turning cautiously bullish after a prolonged negative stance.
The technical outlook remains in stark contrast to our (somewhat irrelevant) fundamental outlook.
This analysis goes into a fair amount of detail.
It is not always the case and is largely driven by confirmation of the view in eliminating alternative outcome, allowing detail to be added to a report.
US Dollar Weekly Report – 10 Sep 2024
The US Dollar, as the de- facto reserve currency of the world, is central to global finances, economic growth, and markets.
It is therefore a given that a continuous bombardment of fundamental, political, and macro- economic views and opinions abound.
This ranges from the extremely bullish “King Dollar” protagonists to the “ultimate demise” of the Greenback and imminent replacement by cryptocurrencies.
The news flow in this regard is at best confusing.
Technical analysis is helpful in simplifying the complexity to “what” can transpire, instead of “why” it could happen.
Our general bearish outlook on the US Dollar is based on market action. It is a probability study and there are always re- assessment levels where the outlook is adjusted or changed.
JSE TOP 40 Note – 09 Sep 2024
The medium-term bearish outcome defies belief but is unfortunately the best objective technical outcome.
The bear trend is currently still unconfirmed and as such just a good idea, until pivotal support has been broken.
Pivotal and negation levels remain important for successful navigation of the market.
USD/ZAR Weekly – 09 Sep 2024
The expected consolidation phase in the USD/ZAR pair is open to some interpretation.
While the shorter- term outcome is similar in nature between the two feasible alternatives, the long- term consequences and trend implications are different.
As always, developing price action will give us early insight into outcome probabilities.
JSE Top 40 Weekly Note – 04 Sep 2024
The weekly JSE Top 40 Index update.
US Dollar- The Bigger Picture – 03 Sep 2024
The US Dollar monthly report.