JSE ALSI has chosen a direction - DOWN M Formation has been forming since January 2023.
We had a break up, test and it failed.
THe market has continued to make lower highs showing the sellers and supply have domninated the market.
It's important to hedge shorts during these times and ride the markets down.
Other indicators show downside:
7=21
Price<200
RSI<50
Target 56,483
