JSE ALSI 40 looking good for upside - 15 minute
Inverse Head and Shoulders has formed on the 15m.
Downtrend is also abolished.
We can get a test at the new support before it rallies on up to 71,416.
This might give a conservative entry level for bulls, before the next leg up.
The daily trend however, needs a lot more upside before we get into a Bull trend (but hey it's a start)
Downtrend is also abolished.
We can get a test at the new support before it rallies on up to 71,416.
This might give a conservative entry level for bulls, before the next leg up.
The daily trend however, needs a lot more upside before we get into a Bull trend (but hey it's a start)
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.