In this mornings report Sasol & Mondi
Good Morning,
Below we look at the charts of Sasol & Mondi discussed in this mornings podcast.
Sasol
Broke down below its short-term support, first target is R366.70. Weakness in brent crude prices should support more downside.
Mondi
Came off slightly due to the firmer Rand, expecting further weakness down to the bottom of our channel if Rand remains firm.
Musa Makoni | Trading Specialist at GT247.com
Follow @Makoni_Henry
Wishing you a profitable day of trading.
Your Economic Calendar for the day
| 06/02/2017 01:00 |
AU |
HIA New Home Sales MoM |
| 06/02/2017 05:00 |
JN |
Consumer Confidence Index |
| 06/02/2017 08:30 |
UK |
Markit/CIPS UK Construction PMI |
| 06/02/2017 09:00 |
EC |
PPI MoM |
| 06/02/2017 09:00 |
EC |
PPI YoY |
| 06/02/2017 12:30 |
CA |
Labor Productivity QoQ |
| 06/02/2017 12:30 |
CA |
Int'l Merchandise Trade |
| 06/02/2017 12:30 |
US |
Revisions: Trade (2014-16 will be revised) |
| 06/02/2017 12:30 |
US |
Change in Nonfarm Payrolls |
| 06/02/2017 12:30 |
US |
Trade Balance |
| 06/02/2017 12:30 |
US |
Two-Month Payroll Net Revision |
| 06/02/2017 12:30 |
US |
Change in Private Payrolls |
| 06/02/2017 12:30 |
US |
Change in Manufact. Payrolls |
| 06/02/2017 12:30 |
US |
Unemployment Rate |
| 06/02/2017 12:30 |
US |
Average Hourly Earnings MoM |
| 06/02/2017 12:30 |
US |
Average Hourly Earnings YoY |
| 06/02/2017 12:30 |
US |
Average Weekly Hours All Employees |
| 06/02/2017 12:30 |
US |
Labor Force Participation Rate |
| 06/02/2017 12:30 |
US |
Underemployment Rate |