TVC:SA40   South Africa Top 40 Index
j200 has been ranged bound between 48000 - 53000 for the year so far in 2019.

So far in the last 3 months, a triple resistance around the 51900 area has formed and a break above this with a weekly close can be very significant.

In the broader picture there is also a massive Inverted HS pattern forming which began in april 2014. neckline for this would require a break above 53300 to confirm.




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