Dow

Dow

Dow

FT100

FT100

15 year consolidation

DAX

VV Composite US

VV Composite US

VV Composite US

• When the MTI < 0.6 Look for a bounce

• When the B/S ratio is < 0.2 Look for a bounce

• I am still evaluating the numbers for the SA and UK

markets but as they all seem to take their lead from the

US the above is probably all we need.

• The trend is the US is Up/Up but hasn’t been confirmed

as yet.

Gold

Gold

Reverse divergence once more

$ Rand

Best performing currency over 1 month

Euro $

Euro$

Short stop at entry

VV Composite SA

VV Composite SA

The Reversal Day by Day

Capitec

Directors selling but someone is buying

PSG

Needs to be banked soon.

Brait

Traders bank Investors hold and add on weakness

Wescoal

Finally

FirstRand

Shoprite

Shoprite

Invicta

Just a matter of time Consider buying

Sasol

Sasol

Reverse divergence

Sasol

SAPPI

Sappi

Omnia

Omnia

Steinhoff

Steinhoff

Candle pattern that closes above the 8 ema

Steinhoff

• First Morning star closed above the 8ema on the 17th

• The outside day closed above the 8ema on the 21st

• What the overall market is doing is critical to the

success of the trade and we see that on the front

page of VV using the Color Guard

Steinhoff

Steinhoff

• On the 17th the Primary wave had turned up. This and

the morning star which closed above the 8 ema was a

signal for aggressive traders. It was a beauty.

• On the 21st the Primary wave was still UP but we have

two green lights in the Color Guard. This adds to

probability that a bottom has occurred. The green

lights and the outside day in the share (with a close

above the 8 ema) lead to a high probability trade

• The above is the basis of a very useful swing trading

system.