JSE Industrial 25 Index. Possible weakness setting in
Bearish engulfing candle settling in on the daily chart. This is something to take notice off seeing that very large caps like Naspers forms part of this index. Weakness in Naspers will put a drag on any possible upward momentum on the All Share Index. The Industrial 25 index had an incredible run in the last 5-6 weeks, and it's maybe time for some consolidation.
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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.