JSE:J200 Top 40 a Turn for the Worst

By SteynTrade
The Top 40 has previously found support at the yearly pivot point. After a rally, there has been a rejection of the 200Day MA. Volume is decreasing on rallies and increasing on declines indicating the selling pressure. It does not seem that the 200Day MA will hold again.
jsejsej200Supply and DemandSupport and Resistancetop40Volume IndicatorVolumewyckoff
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