Yep, the JSE ALSI 40 is in yet another Twilight Zone.
We see sideways motion, prior downtrend and there are sideways indicators.
The bearish bias part of it is that price is below 200MA.
The RSI is showing lower highs (Bearish divergence).
We also see low volume on the buying side.
More importantly, we have a flat monday with no conviction...
And if the...
This is Weekly Market Wrap. It is not market analysis. Its purpose is to serve as quick overview of the close price for particular securities ending week 27th August 2021.
Forex (27th August 2021):
EURUSD – Close price = 1.17958 USD
EURGBP – Close price = 0.85658 GBP
EURCAD – Close price = 1.48739 CAD
EURAUD – Close price = 1.61269 AUD
USDGBP – Close price =...
