Breakouts: End September 2023

INDEX:GSPC (S&P 500)

Negative break. A lower low and lower high. Downward momentum starting.

INDEX:DXY (Dollar Index)

Positive break. Golden cross. Resuming up trend.

FOREX:USDZAR

Trending up. Ascending triangle. Looks set to continue up.

COMM:CL (Crude Oil)

Positive break. Golden cross. Ascending.

COMM:GC (Gold)

Negative break. Heading to $1800.

JSE:RNI (Reinet)

Positive break. Inverse head and shoulders projecting to 43400.

JSE:ARL (Astral)

Negative break. Trending down.

JSE:NVS (Novus)

Positive break. Trending up.

JSE:GRT (Growthpoint)

Negative break. Continues to trend down.

JSE:DRD (DRD Gold)

Negative break. Battered. Projects down to 1050. Off the watchist.

JSE:ETFGRE (1nvest Global REIT)

Negative break from ascending triangle. Set to go sideways or down.

JSE:WHL (Woolies)

Negative break. Down from a double top. Heading for the trendline at 6400.

JSE:NPN (Naspers)

Sideways channel. Not looking great right now.

JSE:ANG (Anglogold)

Negative break. Huge head and shoulders pattern. Scary.

JSE:GND (Grindrod)

Positive break. Golden cross. Trending up.

US:AAPL (Apple)

Negative break. Descending triangle. Trend still up but could go down to $155.

US:NEM (Newmont Gold)

Negative break. Trending down.

US:CSIQ (Canadian Solar)

Negative break. Trending down.

US:AMZN (Amazon)

Negative break. Lower low. Trend still up.

US:VNQ (Vanguard Real Estate Index)

Negative break. Trending down. Time to consider jumping ship.

US:SHOP (Shopify)

Negative break. Descending triangle. Starting to trend down.

US:LIT (iShares Lithium Battery ETF)

Negative break of huge descending triangle. Trending down.

US:AVGO (Broadcom)

Looking toppish.