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SATRIX RESI PORTFOLIO
Long

$JSESTXRES STXRES weekly Channel support

Par MarcoOlevano
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Resource stocks on the JSE moving into some support here. Watch for a reversal off the bottom of this channel

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Beautiful reversal off the bottom of the channel on the satrix40 etf so far..
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satrixRES etf rather
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Resources holding well relative to the rest of the market. Uptrend intact
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Resources have had a nice move off the bottom of the channel, but I would look at taking profits here as i am seeing massive resistance on the J210 resources index- market battling at the 200 and 50 day ma intersection point
Chart Patterns
MarcoOlevano
"If you do what you love, you'll never work a day in your life" - Marc Anthony
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