Long

Is the JSE ALSI forming a W Formation or is it darts to play

It's like throwing darts and guessing whether it's going up or down for the month...

This is an intraday traders haven rather than a swing (position) traders environment...

The best we can do is diversify and hedge different longs and shorts at the same time and risk a little...

Only technical thing I can say is if the support holds and the price goes up, it could form a W Formation...

This will be the only semblance of hope of upside to come. But we'll play it by ear as always.

Timonrosso

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facebook.com/groups/matitrader

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)

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Timonrosso

✅ 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)

Also on: