JSE ALSI follows Friday's action and makes a breakout and fakeouJSE ALSI 40 - Update
We've seen the ALSI 40 form a restriction range between 70,122 and 67601.
It broke above the downtrend on Friday, just to come back down and form a fakeout following Americas downside on Friday night.
As most Premium know. Monday is a choppy day with no definitive chosen trend and so we'll let it choose a direction first before making any decisions.
It's these times where it's good to be hedged with longs and shorts during this timulteous time. I'll let you know...