Weekly Close at 15.16 (open 15.35)
Did we had a cycle high 5 weeks into the next cycle?
How SA roleplayers accept @tito_mboweni economic growth
plan will be telling on how the market reacts. Sunday night opening
in the east will be telling.
Currently we are trading under the FIBONACCI ratio 61.8% (range: 17.76 Jan '16 to 11.51 Feb '18),
if we are ambitious we will aim for the 38.2% (13.89) which is in line with the 200 SMA (13.87).
The Africa Milk Index indicates the ZAR should be closer to 12.43
How SA roleplayers accept @tito_mboweni economic growth
plan will be telling on how the market reacts. Sunday night opening
in the east will be telling.
Currently we are trading under the FIBONACCI ratio 61.8% (range: 17.76 Jan '16 to 11.51 Feb '18),
if we are ambitious we will aim for the 38.2% (13.89) which is in line with the 200 SMA (13.87).
The Africa Milk Index indicates the ZAR should be closer to 12.43
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