Short term view - FTSE/JSE TOP 40 : The moving average is capping prices.
The trend remains neutral. Prices will have to break below the peak at 48,970.00 pts for the trend to be negative again with an invalidation level above 50,934.90 pts.Arguments :
- The support has been reached.
- The Stochastics are overbought.
- The moving average is capping prices.
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