Mulai
South Africa Top 40 Index
Penjualan
Diupdate

Top40 rolling over- Short the bounces

39
The Top40 has been under pressure over the last few sessions and today it is looking like it has finally reached exhaustion. As the RSI begins to show more weakness, we can see how the Top40 has started rolling over and now it does appear that momentum has shifted to the downside. I think any bounce can be shorted here for a corrective move back down towards 71000. I have marked the area of support where the previous breakout occurred. I won't be surprised to see a test of that level. I'm pretty sure I don't speak out of turn when I say, we have moved too high, too quick and it is time for some sanity to enter back into the market.
Trading ditutup: target tercapai
Well that happened very swiftly...
RobbyP
Chart PatternsTrend Analysis

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Chart PatternsTrend Analysis
RobbyP

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.