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JSE Index Comparison

JSE:J212   None
These graphs are the relative strength comparison of the Resource, Industrial and Financial Index with the Top 40. This indicates that momentum since the beginning of 2018 is continuing in 2019. The 200 Day MA (or 40 Week MA) of the relative strength sow an increasing trend in the Resources and Financial Indices, while the Industrial Index is sharply declining. With a declining Top 40 a good sector to look for shorts is the industrial sector but there are good long opportunities in Gold and Platinum.

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