SYGWD: mean reverting trade?A bearish trend is applicable. The ideal short entry is around 5000. Increase the short exposure for a break below 4900. The target price is set 4700. The stop-loss is set at 5100. A likelihood that a mean reverting trade might unfold. Shortby Peet_Serfontein0
$JSESYGWD Sygnia Itrix MSCI World Index ETF - ConsolidationQuite a few ETF's have entered a period of consolidation after a period of expansion. The Sygnia Itrix MSCI World Index ETF is one of those. After periods of expansion, comes periods of consolidation. Periods of consolidation can be followed by either a period of contraction or further expansion. Veby KoosKanmar6