Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Premium Content Note: When published intraday, JSE equity prices are delayed by 15-minutes. Lester Davids Senior Investment Analyst: Unum Capital

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Free Content Note: When published intraday, JSE equity prices are delayed by 15-minutes. Woolworths Holdings (WHL) This is a view of the weekly chart, which considers portfolio positions. Short term tactical views may differ. READY TO TRADE: ACTION

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Free Content Note: When published intraday, JSE equity prices are delayed by 15-minutes. Investec Ltd (INL) | A two-year base, near all time highs has been developed which reflects stable institutional accumulation. A continuous test of the ~R144 l

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Free Content: Satrix RESI (STXRES) is undergoing a severe tactical correction following a historic, uncorrected parabolic advance. After printing a violent top-tick rejection near the 18,000c boundary, the price has transitioned into a sharp distri

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Free Content: Richemont: The share is in a high bullish momentum regime, within a multi-month, near all-time highs. This is the kind of setup we like to see when searching for breakout candidates. Our expectation is that some of sort of consolidati

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Free Content: S&P 500 Index (SPX500) is displaying a historic, uncorrected parabolic advance, culminating in vertical acceleration into pure price discovery. With momentum across all major timeframes (Daily, Weekly, and Monthly) pinned in maximum e

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Free Content: Weekly Chart. The share has shown relative strength, rising the 8-weej exponential moving average (EMA) since September 2025. This trend however is vulnerable to a break/pause with the candle structure reflecting early medium term dis

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Free Content: The share remains rangebound with resistance at ~5780c and support at ~4655c. The bull trend is being threatened with the price starting to settle below it's 200-day simple moving average which has been in a gradual upward trend but h

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Free Content: As you already know, Gold has been in a raging bull market, and, for only the second time since November 2023, the commodity has tested and rebound off it's rising 200-day simple moving average. While this is a bullish development, th

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Free Content: "...head and shoulder technical formation developing but traders need to remain mindful of the potential for a false breakdown (below the neckline) followed by a reclaim and bullish reversal. Do note that the share is down 38% vs it's

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Free Content: Lester Davids Senior Investment Analyst: Unum Capital

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za "...On the 21-week EMA for the first time since the start of the war....look for lower levels followed by a potential rebound. See price action model..." Previous Post (08 April): Brent Crude Oil: Now 18% Lower; Pullback In Line With Commentary An

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Spar Group (SPP) "...zooming out, you'll note the share is trading 2008 support levels, which could attractive systematic investors, though the price plunge reflects aggresssive selling pressure on the back of a poor market update. Look f0oro a flu

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za "...one of the strongest names on the JSE however the reward-to-risk at/around current levels is unfavorable for new longs. We prefer a deeper pullback to initiate new long positions, and, while the trend does not favor short sellers, an major exte

Thank you for your interest in our research. Year-to-date, we have published over 940 research notes. These research insights help clients: (1) manage risks and (2) uncover opportunities, with the ultimate goal of helping to allocate capital to opportunities that offer the best reward-to-risk for a client's time frame. If you've been a consumer of our research but have not traded via the Unum Capital trading desk, why not consider making us your trading services provider? To

Research Notes May 2026 > https://www.unum.capital/post/rmay2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Analyst Disclosure: This content was generated using an artificial intelligence tool, based on the analyst's down data. Risks to the Current Positioning Financials (Banks & Insurers): While the Base Term and Mid Term spreads for Banks and Insurers remain highly constructive, the South African Reserve Bank (SARB

Research Notes May 2026 > https://www.unum.capital/post/rmay2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Tactical Synthesis & Relative Market Update The Overbought Lead: Diversified Miners continue to dominate the top of the board, holding an intensely stretched position with Overbought (#1) rankings across both the Base Term and Mid Term, while sustaining a Strong (#3) Short-Term profile. The High-Velocity Expans

Research Notes May 2026 > https://www.unum.capital/post/rmay2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Research Notes May 2026 > https://www.unum.capital/post/rmay2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: May 2026 > https://www.unum.capital/post/rmay2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Ecolab operates as a critical "picks and shovels" infrastructure play for the artificial intelligence boom. While the market focuses on the companies designing the chips and building the models, Ecolab manages the physical bottleneck threatening the