SA40 Alternate bearish count.Alternate count to previous bullish secnerio in SA$0 potential bearish zig zag recently formed.
AFRICA40 trade ideas
TOP40 --- Caution on the long side- The index has pulled back to the ambush zone of the last leg done and consequently the 50day moving average
- Stochastics in overbought territory
- Bulls may tire here and bears take control.
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
AG Capital - Morning Call 8 /10/ 2021We give a quick recap of markets overnight .Ideas are strictly NOT INVESTMENT ADVICE.
AG Capital -Storm trading Morning Call 8 October 2021We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
JSE TOP 40this chart looks extremely ugly a death cross might be at play her we just have to see how it plays out
Top40 index: Death Cross concernIt is the first of such a signal since March 2020.
The death cross is a technical chart pattern indicating the potential for a major sell-off.
The death cross appears on a chart when an index’s short-term moving average crosses below its long-term moving average.
Typically, the most common moving averages used in this pattern are the 50-day and 200-day moving averages.
Let's hope it is a false signal.
Stage set for bullish impulse SA40From 63884 down to 54704 SA40 has traced out a corrective flat pattern. The move retraced 50% of the previous impulse back to 89,W support MA. RSI is also back down to buy level to where the previous implies kicked off. The next EW phase will be an Impulsive move to ATH reguardless of the wave count.
Research Report: Initial Thoughts For The Week 04/10This evening I published my research note for clients, covering local and offshore markets. If your interested in accessing my insights, perspectives and ideas, get in touch today.
JSE TOP 40 Gap FilledOpen Gap was filled this morning. Looking for a reversal to initiate short trade.
SA40 J200 2hour chart IHS pattern formingALSI top40 is making a a 2 week IHS pattern on the 2 hour chart
reward to risk 3:1
Research Report: Initial Thoughts For The Week Ahead: 27 SeptYesterday evening I published my research note for clients, covering local and offshore markets. If your interested in accessing my insights, perspectives and ideas, get in touch today.
AG Capital -Storm trading Morning Call 27 September 2021 We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
Top40 index: mean reversion trade?A price action above 54700 supports a bullish trend direction.
RSI leaves enough room for upside price potential.
Price action in oversold territory.
At its lower range of the linear regression channel pattern - which increases the likelihood of a mean reversion trade.
Also at the lower range of the Bollinger Bands.
Might the 200-day be on the horizon as a target?
JSE TOP 40 Picture Looking ScaryAfter an almost 10% drop in just over a month in this index, I see some people already looking for entry points to go long again, as in long term. There are several technical aspects of great concern to me, pointing to something completely different. Here is a few.
• The red lines indicate that the price has now been in a bearish divergence with several indicators over a long time.
• The yellow lines show a previous downward move in indicators, but mostly a sideways movement by the price over the same period.
• My question: What are the chances of getting another sideways price movement in short succession? I have my doubts about that one.
• Most important for me to be aware of is the fact that the MACD has now turned downwards. It is a substantial distance from the zero line, and on monthly charts one does not see a change in direction of the MACD every month or two.
All in all, not a good outlook in my view, but that ties in with most indices worldwide.
TOP40 - UpdateThe TOP40 has reached the bottom of the rising wedge that formed in the beginning of the year ...
What a wild path it has taken to reached there...
AG Capital -Storm trading Morning Call 16 September 2021 We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
TOP40- BrokenSo the Top40 broke below the 200 day moving average yesterday and there's the added bearish pattern of a well formed head & shoulders. A continuation of this pattern takes it way down. I repeat, we have 2 Bearish signals.
1. 200 day moving average broken
2. Head & Shoulders
AG Capital -Storm trading Morning Call- 2 september
We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
AG Capital -Storm trading Morning Call 1 September 2021We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
AG Capital -Storm trading Morning Call 31 August 2021 We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
AG Capital -Storm trading Morning Call 27 August 2021We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
2000 Points on the Table for JSE Top40SATop40 Likely to see correction in the week ahead and this week showed a possible rejection of 63800 area.
AG Capital -Storm trading Morning Call 20 August 2021 We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.
