JSE ALSI 40 has one hurdle to break before downside
JSE ALSI 40 is currently testing its November 2022 Support (which was resistance).
The price will need to break below to get traction to the downside.
It can take a few days and for bulls and bears to fight this one.
But we'll see. If it breaks down there is a decent target 59,369/
My bias is indeed down, but there does need a strong catalyst to break this.
The price will need to break below to get traction to the downside.
It can take a few days and for bulls and bears to fight this one.
But we'll see. If it breaks down there is a decent target 59,369/
My bias is indeed down, but there does need a strong catalyst to break this.
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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)
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