Logaro1

Top40 Index

Long
Logaro1 Updated   
JSE:J200   South Africa Top 40 Index
The Top40 Index recent weakness confirms my views of a strong recovery being set in motion!
The 47 000 level held ! .. so get ready for a strong move towards the 49000 levels.
Implied volatility is agreeing with my assertion getting clobbered to Mar'19 and Jun'19 expiration!
Falling over 2.5v over the course of just two days!

Comment:
Target reached 50 k is a level of consolidation...for a few weeks.
Targeting a final squeeze towards the 50500 /51 000 levels before a retest of the 48000 support

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.