JSE Top 40 setting itself for great upside to 84,346Cup and Handle has formed since September 2023.
We are waiting for an imminent breakout.
With the new cabinet in play, stronger rand and weaker US Dollar with Granpa Biden bringing the US down. We are in for a potential rally with the JSE.
Question is, will the AMerican markets lead the JSE too?
When the US dollar weakens, we generally see a rally in their markets - which is great.
High Probability analysis as the
Price>20
Price>200
Extended uptrend has shown demand and buying being stronger.
Target 84,346
LONG opportunities coming our way.
