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Money Matters: Technical Market Overview. 31 July 2012. Economic Indicators. Brent Crude Oil Copper Price Gold-$ Platinum-$ Silver-$ US$ versus Euro US$ versus GBP JPY versus US$. Brent Crude Oil. Resistance. Resistance / Support. Support. Bearish. Copper Price. Resistance.
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Money Matters: Technical Market Overview 31 July 2012
Economic Indicators • Brent Crude Oil • Copper Price • Gold-$ • Platinum-$ • Silver-$ • US$ versus Euro • US$ versus GBP • JPY versus US$
Brent Crude Oil Resistance Resistance / Support Support Bearish
Copper Price Resistance Resistance Support Support Bearish
Gold-$ Resistance Resistance Support Support Bearish
Platinum-$ Resistance Resistance Resistance Support Support Bearish
Silver-$ Resistance Support Support Support Bearish
Economic Indicators • Brent Crude Oil - Bearish • Copper Price - Bearish • Gold-$ - Bearish • Platinum-$ - Bearish • Silver-$ - Bearish • US$ versus Euro • US$ versus GBP • JPY versus US$ Bearish
US$ vs Euro $ Weakness / Euro Strength Support Support Resistance Resistance Resistance $ Strength / Euro Weakness US$ Strength
US$ vs GBP $ Weakness / GBP Strength Support Resistance Support $ Strength / GBP Weakness Resistance US$ Strength
JPY vs US$ JPY Weakness/ $ Strength Support Support Support / Resistance Resistance JPY Strength / $ Weakness Resistance US$ Weakness
What can we learn? • US Dollar • Strong against EUR • Strong against GBP • Weak against JPY Bullish
Local Market • Gold Rand • Platinum Rand • Rand vs US$ • Rand vs Euro • Rand vs GBP
Gold Rand Resistance Resistance Support Support Bullish / Neutral
NewGold ETF Resistance Support Support Bullish
Platinum Rand Resistance Resistance Support Support Bearish
Rand vs US $ Support Rand Weakness/ US$ Strength Support Resistance Rand Strength / US$ Weakness Rand Weakness
Rand vs Euro Rand Weakness/ Euro Strength Support Resistance / Support Support Resistance Rand Strength / Euro Weakness Rand Strength
Rand vs GBP Support Support Rand Weakness/ GBP Strength Resistance Resistance Resistance Resistance Rand Strength/ GBP Weakness Rand Weakness
What can we learn? • Gold Rand • Bullish / Neutral (Testing resistance) • NewGold ETF? • Platinum Rand • Bearish • Rand weakness vs USD vs GBP • Testing Resistance – Strengthening? • Rand strength vs EUR • Testing Resistance – Further strength? • Inflationary - Oil and food Imports? • Rand Hedge Shares? • Opportunities?
Gold Mining Index Platinum Mining Resource 20 Index Financial 15 Index Industrial 25 Index Market Indicators • JSE Overall Index • Top 40 Index • Mid Cap • Small Cap • Alt-X Index
JSE Overall Index (Weekly) Resistance Support Bullish
JSE Overall Index Resistance Support Resistance / Support Support Bullish
Top 40 Index Resistance Resistance / Support Support Bullish
Top 40 Index Bullish/ Overbought / Accumulation / Underperforming
Mid Cap Index Bullish/ Overbought / Accumulation / Outperforming
Small Cap Index Bullish/ Overbought / Accumulation / Outperforming
Alt-X Index Bearish / Oversold / Distribution / Underperforming
Small Cap Index Bullish Overbought Accumulation Market Outperforming Alt-X Index Bearish Oversold Distribution Market Underperforming What can we learn? • JSE Overall Index • Bullish (New Highs) • Top 40 Index • Bullish (Testing New Highs) • Overbought • Accumulation • Underperforming • Mid Cap Index • Bullish • Oversold • Accumulation • Outperforming Bullish
Market Indicators • Gold Mining Index • Platinum Mining • Resource 20 Index • Financial 15 Index • Industrial 25 Index
Gold Mining Index Divergence Bearish / Oversold / Accumulation / Underperforming
Platinum Mining Index Divergence Bearish / Oversold / Distribution / Underperforming
Resources 20 Index Divergence Bearish / Oversold / Distribution / Underperforming
Financial 15 Index Bullish / Overbought/ Accumulation / Market Outperforming
Industrial 25 Index Bullish / Overbought/ Accumulation / Market Outperforming
Fin 15 Index Bullish Overbought Accumulation Outperforming Industrial 25 Index Bullish Overbought Accumulation Outperforming Summary • Gold Mining Index • Bearish • Overbought • Accumulation • Underperforming • Bullish Divergence • Platinum Mining • Bearish • Oversold • Distribution • Underperforming • Bullish Divergence • Resource 20 Index • Bearish • Overbought • Underperforming Bearish Bullish
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