Timonrosso

JSE ALSI 40 has one hurdle to break before downside

Short
TVC:SA40   South Africa Top 40 Index
JSE ALSI 40 is currently testing its November 2022 Support (which was resistance).

The price will need to break below to get traction to the downside.

It can take a few days and for bulls and bears to fight this one.

But we'll see. If it breaks down there is a decent target 59,369/

My bias is indeed down, but there does need a strong catalyst to break this.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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