Hi guys, this could be a concern.
JSE ALSI 40 has been forming a broadening pattern (Vuvuzela) since 12 April 2023.
Now with these patterns, they can break any direction...
If we make a higher low, the chance of the price breaking up is higher. Then we can expect the price to finally break up and out and head to 75,000 as the first target.
As this is...
Do you want the JSE ALSI 40 to fall where we profit from all the shorts.
Do we want the JSE ALSI 40 to rise, where we can profit from the longs.
I'll tell you what I want.
I always want the JSE ALSI 40 to rally.
I don't mind being stopped out on shorts.
I don't care about the shorts anyway.
And the reason is because I am optimistic with South Africa.
I...