Breakouts: 02 February 2021
A look at bitcon, JSE:SYG500 and the state of the dollar
![Breakouts: 02 February 2021](/content/images/size/w1200/2021/02/EQU.ZA.SYG500.png)
CC:BTC-USD (Bitcoin)
![](https://stockpicks.co.za/content/images/2021/02/Screen-Shot-2021-02-02-at-08.14.08.png)
Certainly feels like it is on the way down now with the lower highs and descending triangle.
JSE:SYG500 (Sygnia SP500)
![](https://stockpicks.co.za/content/images/2021/02/Screen-Shot-2021-02-02-at-08.18.18.png)
Break below area of interest. Target 5379 now.
INDX:DXY (US Dollar Index)
![](https://stockpicks.co.za/content/images/2021/02/Screen-Shot-2021-02-02-at-08.21.12.png)
Breaking the downward trendline. A few higher high and lows. Perhaps some dollar stength to come in and persist for the next few months.
FOREX:USDZAR (USDZAR)
![](https://stockpicks.co.za/content/images/2021/02/Screen-Shot-2021-02-02-at-08.27.24.png)
Weakness creeping in.
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