Report
Valérie GASTALDY
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Short term view - FTSE/JSE TOP 40 : Resistance reinstated

Peaks and troughs overlap, they still define a bullish trend but it could also be an exhaustion. The next target is at 51,155.00 pts. The invalidation level is below 48,230.00 pts.

Arguments :
- The resistance has been shortly breached, but it is now reinstated. Prices can fall.
-...
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Day By Day
Day By Day

​​DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.

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Valérie GASTALDY

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