RossLarter

RossLarter

CFR has formed a head and shoulders pattern which could mean a downward move if it breaks through the neckline. As always, wait for confirmation.

RossLarter

JSE:SHP is looking positive for an upward reversal. If it breaks through the fractal level of 2 September, I will consider a long position.

RossLarter

JSE:GRT bounced off of a support level earlier this week and it has broken through a fractal level that it has been struggling with. It is looking good for a long position.

RossLarter

JSE:NED is showing a double bottom pattern. A double bottom usually signifies a change of direction so we can look at a possible long position if it confirms.

RossLarter

JSE:AGL has broken a downward trend as well as breaching the fractal from the 20th of August. Looking good for an upward move from here.

RossLarter

JSE:VOD is showing an bullish engulfing candle pattern at a support level. We can anticipate an upswing if the pattern plays out.

RossLarter

JSE:REM formed an engulfing candle yesterday which could mean an upward move.

RossLarter

JSE:SPP has formed an engulfing candle at a strong support level. We could possibly be looking at an upward move from here

RossLarter

JSE:MCG has broken through a support level and a fractal that it has been struggling with for a while. We could see a downward move from here.

RossLarter

The DAX is busy forming an inverted Head and Shoulders pattern on the 4H chart. If it breaks through the neckline, we can expect quite a nice upward move to happen thereafter. As always, wait for confirmation.

RossLarter

JSE:EXX failed to break through a previous low and has formed a double bottom pattern. We could very well see an upward swing from here. The stochastic also seems to be confirming the move.

RossLarter

A bullish engulfing has formed on the 4H chart of the DAX. This could mean a upswing for the next few candles.

RossLarter

JSE:FSR is struggling to break through a descending resistance line and if it confirms, it could mean a downward continuation.

RossLarter

JSE:APN has recently tested a spike low that it formed in March this year. It first it seemed like it had broken through, but it has since bounced and seems to be on its way up. Stochastic is confirming. If it breaks above yesterday's high, I will consider a long on Monday.

RossLarter

We are at a resistance level with the stochastic confirming, so we could be looking at a short position.

RossLarter

JSE:BHP is trading in a downward channel. It has reached the top and will most likely be heading down towards the bottom of the channel. Failing that, a break out through the top could mean a long position.

RossLarter

JSE:AMS has formed a morning star pattern at a support level. We can anticipate a small upward move.

RossLarter

JSE:VOD is showing an engulfing candle at a support level and is looking good for a long position.