Interesting charts September 27th 2023
Bitcoin’s intraday rebound failed to hold and is returned to test the $26,000 area. It remains in need of a bullish catalyst but is holding up well in the face of tightening global liquidity.
Costco reversed an early decline on strong guidance. The company’s defensive qualities continue to support the recovery as it firms in the region of the 200-day MA.
iShares MSCI South Africa ETF is back testing the lower side of the yearlong range and will require a clear upward dynamic to confirm a return to demand dominance in this area.