Monday 19th December 2022: Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the 1st support at 3806.91, where the 50% Fibonacci line is.
Thursday 15th December 2022: Technical Outlook and Review
The overall bias for the S&500 on the H4 chart is bullish, with prices above the Ichimoku cloud. If the bullish momentum continues, the expected price to possibly break the 1st resistance line is at 4031.44, where the 61.8% Fibonacci line is located before heading towards the 2nd resistance line at 4177.51, where the 78.6% Fibonacci line is.
South Africa Day of Reconciliation Trading Schedule 2022
Dear Trader, Please find our updated trading schedule for the South Africa Day of Reconciliation on Friday December 16th, 2022. All times mentioned below are Platform time (GMT +2).
Ngan Luong: System Maintenance Temporary Notification
Dear Traders, In order to improve the quality of products and services, Ngan Luong will implement a maintenance procedure for IT systems from 04:00AM to 05:00AM GMT+7 (15 December 2022) which is equivalent to 23:00 server time to 00:00 server time.
Holiday Trading Schedule Dec 2022– Jan 2023
Dear Trader, Please find our updated trading schedule for the Christmas, Boxing Day and New Year’s Day holidays below. All times mentioned below are Platform time( GMT +2)
Wednesday 14th December 2022: Technical Outlook and Review
The H4 chart shows a bullish bias, with price breaking through the descending trendline and rising above the Ichimoku cloud. Price is expected to maintain its bullish momentum and rise to the first resistance level at 14709, where the previous swing high is located.
Tuesday 13th December 2022: Technical Outlook and Review
The overall bias for the S&500 on the H4 chart is bullish, with prices above the Ichimoku cloud. If the bullish momentum continues, the expected price to head towards the 1st resistance line is at 4031.44, where the 61.8% Fibonacci line is located.
Monday 12th December 2022: Technical Outlook and Review
On the H4 chart, the overall bias for DXY is bearish. To add confluence to this, the price is below the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect the price to continue heading towards the 1st support line at 104.648, where the previous swing low is.
Friday 09th December 2022: Technical Outlook and Review
The overall bias for the S&500 on the H4 chart is bullish, with prices above the Ichimoku cloud. If the bullish momentum continues, the expected price to head towards the 1st resistance line is at 4031.44, where the 61.8% Fibonacci line is located.
