Breakouts: 9 March 2021
I look at indices, ETF and Gold breakouts
COMM:GC (Gold)
Sitting on a horizontal and trendline support. However I cannot add to a losing trade or a losing chart.
JSE:SYG500 (Sygnia SP500 ETF)
Needs to break above 6064. However it is looking strong and trending up - no harm in entering now.
INDX:DXY (Dollar Index)
Above horizontal reistance. Higher high and higher low. 50 MA Turning up.
INDX:NDX (Nasdaq100)
Opportunities like this do not present themselves that often. Certainly worth a punt I think - with a stoploss of course.
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