Fumba

Fumba Updated 

Sasol is in a consolidation area. It also broke the bullish uptrend and failed to break the 16 000 mark. Overall, I am brearish till 8 600 level.

Fumba Updated 

The SA Top40 index has been facing alot of resistance lately due to the current pandemic and political climate. The SA president recently announced that they will ease the lockdown to level 1. Good news for airlines (and tourism sector) as international borders are open and more businesses will hopefully be able to resume. This should boost investor sentiment in...

Fumba

Nas100 short-term setup idea.

Fumba

I am still expecting a bit more sell off from DAX this month. Potential entry at 12 884 level, SL at about 12 715 level and TP and 13 223 point. This gives a 1:2 RR. This analysis follows the 9th of August setups and it followed case 1 after we took TPs.

Fumba

NAS100 is still seeing some weakness and giving back off its recent long rally. US elections still coming up this month and NAS 100 can still see a more decline. Fundamentals will guide us through and either movement 1 or 2 can be expected.

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Congratulations on those who took the massive Gold setup I shared.

Fumba

We reached our TP from the previous setup idea and NAS100 shot up again as Trump signaled a relief to investors on Friday's conference. With the protest in the US, Covid-19 pandemic, ongoing US vs China war over Hong Kong and collaboration of SpaceX and NASA that launched to space, we can expect a slight shoot up (about 50 pips max) on Monday's opening followed by...

Fumba

We can expect Sasol to still dip for a bit because the daily breakout was not that strong. Overall, Sasol expects a rally and fill the R10 400 and R16 000 gap.

Fumba

Bearish momentum still looking strong as our last post on it.

Fumba

With Friday's gap being filled, NAS100 has been struggling around the 9500 mark. With the FED trying to pump up the market with new bonds, zero-rate interest rates seemingly possible, trade war between China and the US, and vaccine race in play, there is a lot of uncertainty at the moment. Surprisingly, buyer speculators seem to dominate but will not hold. We can...

Fumba

Potential setup for Nas100. Key entry position close to the 9175 level and first TP at 8648.

Fumba

Potential long position since a second wave of the Covid-19 seems to be at play.

Fumba

NzdUsd setup for a long position.

Fumba

Potential short position as it may look to consolidate between 108.083 and 107.316 region.