RobbyP

Top40- 4000 points on offer...

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RobbyP Diupdate   
JSE:J200   South Africa Top 40 Index
The Top40 has come under immense pressure over the last week or so and after the weekend's news, markets are shaky. The index has not only broken support, but also the 50 day moving average, with the RSI looking very weak and stochastics showing heavy selling. I think any bounce near 71000 can be shorted for a continuation of downward momentum. The next level of any meaningful support is rather far away...lots of room to scoop some volatility profits.
Trading ditutup: target tercapai:
Sorry, forgot to update yesterday.
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