We are still in the Box range.
This isn't a great trading environment to buy and sell.
So we need to wait for the price break out of this box formation.
Looks like the Sell in May and Go Away might apply this year, if we get the break below the box.
I am kind of leaning towards the Bearish bias that the price will break below as many JSE stocks are lining up strong selling chart patterns setups.
We just need the JSE ALSI to confirm.
This isn't a great trading environment to buy and sell.
So we need to wait for the price break out of this box formation.
Looks like the Sell in May and Go Away might apply this year, if we get the break below the box.
I am kind of leaning towards the Bearish bias that the price will break below as many JSE stocks are lining up strong selling chart patterns setups.
We just need the JSE ALSI to confirm.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
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)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
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)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.