ALSI - Relief rally - ALSI bulls managed to hold the major trendline for now and a relief rally is playing out - Will be watching closely to see how we react at key resistance levels in this corrective phaseby Trader-DanPublished 3
JSE Top40: Daily & Weekly Cycle Low PointThe JSE Top40 index is seeking a daily cycle low with high odds of a weekly low. Price is reversing from the orange trendline that has supported price through the cycle decline. To confirm a a daily cycle price must move & close above the pink trendline on a daily timeframe.Longby runyamherePublished 111
JSE Top 40 IndexJSE TOP 40 - WEEKLY CHART - Update - a view presented over the past few weeks (see attached) - line A_B was breached - prior demand/supply incoming. For more research, including trade ideas, get in touch today. by techpersPublished 0
SA40cash ALSI 3 day IHS patternALSI top40cash cash is forming a bottoming IHS pattern over the last 3 days, solid breakup above 58200 will confirm the patternLongby T2TWELLPublished 114
T40In my research report for Monday 12 September, I highlighted the 61.8% Fibonacci retracement zone as a resistance level. Since then, the index is lower by over 6100 points or -9.7%. For more research insights, including trade ideas, get in touch today. by techpersPublished 1
Falling JSE ALSI 40 JSE ALSI 40 Short (sell) analysis Inverse C and H Target 50,000 Thoughts?Shortby TimonrossoPublished 0
JSE Top40JSE:J200 is back at the recent lows (58.6K-ish). Most stocks are weak, what are the odds that the Top40 can bounce here? Add the middle of nowhere low near 56K. Rough market.by Trend_Trader_JSEPublished 220
ALSI SA40cash chart updateafter loosing the 59300 support today, ALSI now looks to the next target which is about 1.50% lower (875pts)Shortby T2TWELLPublished 115
JSE Top 40 IndexA slide from today's research report, published to clients yesterday evening: Unchanged From Last Week 12 September. Line A_B is a key risk level over the medium term. As previously noted, there is a clear supply zone that has been in place since Q1 2021. This level also represents the (former) supply and (current) demand zone extending back to November 2017. A downside breach of line A_B would increase the odds of a test of prior supply-demand zone. For more research insights, get in touch today. by techpersPublished 223
J200JSE:J200 is trading below a declining 200 dMA. Ja. That's all I can say.by Trend_Trader_JSEPublished 2
J200 ShortTop 40 Downside Model. Break of support structures will see more pain in equities. Fundementals: USD strength, EM weakness, FOMC (75?100?) CPI Sep? Shortby Ib_T_RSAPublished 0
South Africa. A Sound of Thunder. Should affect commodities. Commodity index, the commodity boom is heading towards its logical end. EWI believes that this is an impulse, however, it can take the form of a multiple zigzag. At the moment it is at the levels corresponding to the end of the plane in X of the multiple zigzag.Shortby Logica_LevelsPublished 3
ALSI top40cash bearish flag breaking to downsideALSI has formed a bearish flag over the last 2 sessions that projects a target down to about 61200 level, this could take a few days to get there, however trading above 63000 negates the pattern. Shortby T2TWELLPublished 2
JSE Top 40 Index - Seasonality Data For September (Over 20 Yrs)JSE Top 40 Index - Seasonality Data For September (Over 20 Years) - Average % return is -0.96% - *Only* 7 out of 20 Septembers have delivered a positive return. - Largest gain: +9.77% (2005) - Largest decline: -14.91% (2008)by techpersPublished 1
JSE Top 40 Index August SeasonalityJSE Top 40 August Seasonality Data - 20 Years - AVERAGE PERFORMANCE is +0.80% AUG: In the past 20 Years, 12 August's have delivered a positive return. For more research, including trade ideas, get in touch today. by techpersPublished 1
JSE Top 40: DataOver a 7-year period, there have been 14 weeks (including last week) where the index returned more than 4.5%. The average return in the subsequent week is -0.07%. Largest decline was -3.06%. Largest gain was +4.34% 6 of the subsequent weeks saw a positive return, while 7 saw a negative return.by techpersPublished 1
Bearish Trendline & MA50 tested, 2000-3000 pointsSA40/J200 gained almost 5% for the past week, we expect a reversal for the last week of July 2022/ Trendline tested as well as MA50, 62000 is also a strong psychological resistance, we went short at 62000 Shortby AkhonaGPublished 0
Top40 ALSI IHSafter reclaiming the 58600 support, ALSI has now formed a very nice IHS patternLongby T2TWELLPublished 2
Analyst Thoughts: Pre-Market Europe/Mid-Session Asia - 19 July Analyst Thoughts: Pre-Market Europe/Mid-Session Asia - 19 July Asia lower, US futures slightly higher. Lack of follow-through during US session. by techpersPublished 2
More downside for the JSE ALSI40 - INV C and H - 15 JUly 2022The breakout hasn't been a strong one to the downside, but it's still below the current support (which has become a resistance). If a catalyst breaks out to send the markets further down, we could see 50,000 on the cards... What do you think? Trade well, live free. Timon Rossolimos Founder, MATI Trader Shortby TimonrossoPublished 1
ALSI top40 monthly charttop40 is currently in its 5th down month. the last time we saw this was in 2011 and 2008, all of which market the low, be interesting to see if we can break that pattern this timeby T2TWELLPublished 3
Analyst Thoughts: Pre-Market Europe/Mid-Session Asia - 13 July * Poor reaction to US inflation data but markets managing to stabilize with some buying into the US close to pare the losses. * USD retracing slightly which also relieved pressure on equities * Volatility higher on the day. Small caps shedding the most. *JSE: Markets continuing to retreat from swing highs seen last Friday although there was some buying off yesterday's lows. *NPN/PRX continue to being sold from their overbought positions as Tencent trends lows. As a result, some SA Inc plays managing to hold up on a relative basis. * Gold attempting to recover off the lows as DXY was sold following the inflation print. DXY higher again this morning.by techpersPublished 1
j200 breaking down, bears in full controlALSI top40 has formed a bearish cup and handle over the last 4 days, further downside can be expectedShortby T2TWELLPublished 2