Multiple bullish MACD crossover on multi time frames (Daily, Weekly, Monthly). Higher peaks and troughs.
MACD bullish crossover. Improving technical scoring over the last couple of days.
Increased bullish technical reading over the last couple of days. Came close testing its lower 2 standard deviation range - highlighting an overextended price action to the downside. Retracting from RSI oversold territory. Might be risky scenario with credit ratings.
MACD bullish crossover. Testing the upper range of the falling wedge pattern.
Sudden change in trend indicators to bearish remains a concern. Declining channel pattern remains intact. Bearish MACD crossover. Crossed below its 200-day sma. Time to exit: 16 October 2019
Risky trade. Increased mean reversion capabilities. Time to exit: +/- 22 October 2019
Increasing bullish bias unfolding over the last couple of days.
Lower panel is the Coppock Curve and crossed above the zero line.
Increasing bullish bias unfolding.
Price action remains in a declining channel. MACD bearish crossover. Downwards price momentum. Time to exit: +/- 15 October 2019 Previous idea also on the chart.
MACD bullish crossover close to the zero line. Increasing positive technical score over the last couple of days. Same direction strategy trade.
Retracted from oversold territory. Only regarded as a temporary correction rally. Time to exit: +/- 25 October 2019
Recently tested its 200-day simple moving average - which acted as major support. MACD bullish crossover. Sin waves indicate if a market is trending or in a cycle mode. It assists traders in identifying the start of a trending move as well as possible shifts in the trend. Upward price momentum also supporting a bullish trend direction. Time to exit: +/- 7 October 2019
Lower peaks and troughs support a bearish bias. Strong downside price momentum. Coppock curve crossed below its zero line. Time to exit: +/- 17 October 2019
Downward price momentum is supporting the bearish trend direction. MACD bearish crossover remains intact. Time to exit: +/- 17 October 2019
Lower panel is the Coppock Curve, crossing below its zero line. Strong downside momentum on all time frequencies (daily, weekly, monthly). Time to exit: +/- 14 October 2019
A confluence of technical indicators pointing to a bearish bias. Deteriorating trend. Downside momentum supporting a bearish trend direction. Time to exit: +/- 21 October 2019
Measured over daily, weekly and monthly time frequencies The universe is the constituents of the JSE All Share index. All resources!