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Shaun van den Berg. MoneyWorx. 25 January 2011. International Outlook Brent Crude Oil Gold-$ Platinum-$ USTN 5-year Bond US$ versus Euro & GBP JPY versus US$ DJ Industrial Average S & P 500 Index Nikkei Index Hang Seng Index DAX Index CAC 40 Index FTSE Index. Local Outlook
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Shaun van den Berg MoneyWorx 25 January 2011
International Outlook Brent Crude Oil Gold-$ Platinum-$ USTN 5-year Bond US$ versus Euro & GBP JPY versus US$ DJ Industrial Average S & P 500 Index Nikkei Index Hang Seng Index DAX Index CAC 40 Index FTSE Index Local Outlook Gold Rand Platinum Rand Rand vs US $ & Euro JSE Overall Index Top 40 Index Mid Cap & Small Cap Index Alt-X Index Gold Mining Index Platinum Mining Index Resource 20 Index Financial 15 Index Industrial 25 Index Summary Conclusion Technical Market Overview
Economic Indicators • Brent Crude Oil • Gold-$ • Platinum-$ • US$ versus Euro • US$ versus GBP • JPY versus US$
Brent Crude Oil (Weekly) Still Bullish
Brent Crude Oil Still Bullish
Gold-$ (Weekly) Support Support Support Bullish
Gold-$ Resistance Support Resistance Resistance Support Bullish
Platinum-$ (Weekly) Resistance Bullish Resistance Support Broken Support Support Support Support Support Bullish
Platinum-$ Resistance Resistance Support Resistance Support Support Bullish
US$ vs Euro (Weekly) $ Weakness / Euro Strength Support Resistance $ Strength / Euro Weakness US$ strength
US$ vs Euro $ Weakness / Euro Strength Support Support Resistance $ Strength / Euro Weakness US$ weakness
US$ vs GBP (Weekly) $ Weakness / GBP Strength Support Support $ Strength / GBP Weakness Resistance US$ strength
US$ vs GBP $ Weakness / GBP Strength Support Resistance $ Strength / GBP Weakness US$ weakness
JPY vs US$ (Weekly) JPY Weakness/ $ Strength JPY Strength / $ Weakness Support Resistance Support JPY strength
JPY vs US$ JPY Weakness/ $ Strength Resistance Support JPY Strength / $ Weakness Resistance JPY strength
What can we learn? • Bullish Brent Crude oil price • Demand? • Speculating on economic recovery? • US Dollar • Stronger against Euro (Weekly)/ Weaker (Daily) • Stronger against GBP (Weekly)/ Weaker (Daily) • Weaker against JPY (Weekly)/ Weaker (Daily) • Precious Metals • Bullish gold $ (25-year high) • Bullish platinum $
International Markets • DJ Industrial Average • S & P 500 Index • Nikkei Index • Hang Seng Index • DAX Index • CAC 40 Index • FTSE Index
DJ Industrial Average (Weekly) Resistance Support Support Bullish
DJ Industrial Average Resistance Support Support Support Bullish
S&P 500 Index (Weekly) Resistance Support Bullish
S&P 500 Index Resistance Support Support Support Bullish
S&P 500 Index Overbought Overbought Overbought
Nikkei Index (Weekly) Resistance Support Support Bullish
Nikkei Index Resistance Resistance Support Support Support Bullish
Hang Seng Index (Weekly) Resistance Support Support Bullish
Hang Seng Index Resistance Support Support Support Bullish
DAX Index (Weekly) Resistance Resistance Rising Wedge? Support Support Bullish
DAX Index Resistance Support Resistance Support Support Bullish
CAC 40 Index (Weekly) Resistance Support Support Bullish
CAC 40 Index Resistance Resistance Support Bullish
FTSE 100 Index (Weekly) Resistance Resistance Resistance Support Support Bullish
FTSE 100 Index Resistance Resistance Support Support Bullish
What can we learn? • US Markets (DJIA / S&P 500) • Bullish (Broken above resistance) • Overbought (Sustainable?) • Asian Markets • Nikkei Index: Bullish / Overbought • Hang Seng Index: Bullish / Overbought • European Markets • DAX Index: Bullish (Rising Wedge on Weekly Chart) • CAC 40 Index: Bullish (Overbought/ Nearing resistance) • FT100 Index: Bullish (Testing resistance on weekly charts)
Local Market • Gold Rand • Platinum Rand • Rand vs US $ • Rand vs Euro • Rand vs GBP • JSE Overall Index • Top 40 Index • Mid Cap Index • Small Cap Index • Alt-X Index • Gold Mining Index • Platinum Mining Index • Resource 20 Index • Financial 15 Index • Industrial 25 Index
Gold Rand Resistance Support Support Support Bullish
Platinum Rand Resistance Resistance Support Support Bullish
Rand vs US $ Rand Weakness/ Euro Strength Broken Support Resistance Rand Strength / $ Weakness Resistance Rand Strength
Rand vs Euro Rand Weakness/ Euro Strength Support Broken Support Resistance Rand Strength / Euro Weakness Rand turning Weaker
Rand vs GBP Rand Weakness/ GBP Strength Support Support Resistance Rand Strength/ GBP Weakness Rand Weakness
What can we learn? • Gold Rand • Bullish / Testing Resistance • Platinum Rand • Bullish/ Testing Resistance/ Triple Top • Rand strength in longer-term vs USD • Broken Support trend lines • Rand turning weaker vs EUR & GBP • Broken Support trend lines • Rand Hedge Shares? • Opportunities?
JSE Overall Index Top 40 Index Mid Cap Small Cap Alt-X Index Gold Mining Index Platinum Mining Resource 20 Index Financial 15 Index Industrial 25 Index Market Indicators
JSE Overall Index (Weekly) Resistance Support Bullish
JSE Overall Index Tested Resistance Resistance Broken Support Support Support Bullish
Top 40 Index Resistance Broken Support Resistance Support Support Bullish
Top 40 Index Bearish Divergence Overbought/ Bearish Divergence
Top 40 Index Resistance Support Market Outperforming
Mid Cap Index Support Bullish / Oversold
Mid Cap Index Market Underperforming
Small Cap Index Broken Support Bearish Divergence Bullish but turning
Small Cap Index Resistance Market Performing