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JSE:J200 Top 40 a Turn for the Worst

Short
South Africa Top 40 Index (JSE:J200)  
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JSE:J200   South Africa Top 40 Index
Support and Resistance Supply and Demand Volume jse jsej200 top40 wyckoff Volume Indicator
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supportandresistance supplyanddemand volumestudies jse jsej200 top40 wyckoff volume
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.

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