JSE40: Finally it has runout of steam
JSE40 has run made gains of 9.67% in January, the average yearly gain is 12%. It's way to early for the current gains, RSI is extremely overbought and the rising trendline is too steep. I expect a significant pullback over the next few days. We already went short at 75144 and we expect a minimum of 3000 points.
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