Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za The index rebounded in line with the price action model (1 to 10 day time frame) but out of line with our manual view i.e. it did not get down to the buy re-entry range nor did it find resistance at the sell re-entry range. Previous Post (Sunday, 28 March): S&P 500 Index: Waterfall Breakdown + Next Bes

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 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 April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za READY TO TRADE: ACTIONABLE AREAS For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value, specifically by helping to determine the best potential times and levels to commit capital. The blue and re

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za 💡 Price Action Model: This note at the following link is an example of how we use it find uncover opportunities & manage risk: https://www.unum.capital/post/har0604 AVI Ltd Via Price Action Model - see 5 to 8 week time frame. READY TO TRADE: ACTIONABLE AREAS For active traders who look to generate cas

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za 💡 Price Action Model: This note at the following link is an example of how we use it find uncover opportunities & manage risk: https://www.unum.capital/post/har0604 Old Mutual Ltd Via Price Action Model - see 5 to 8 week time frame. One of the risk is that the share might not get to our desired buy r

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Bull Phase But Approaching Overbought In The Short & Medium Term On 21 September at ~R30, we highlighted South 32 as a mean reversion BUY opportunity. Now trading near R55, the share appears overextended to the upside with mean reversion risk starting to creep in. Below is the reading from the Price Act

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Currently, the system detects 5/10 Euphoria signals and 1/10 Capitulation signals. The tape is tilting heavily toward overbought conditions. Risk management should be prioritized as multiple structural metrics indicate crowding, making the index vulnerable to sudden liquidity vacuums and mean-reversio

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za This is a mean-reversion watchlist derived from the extreme momentum and exhaustion thresholds present in the sector matrix. The list is split between sectors stretched to the downside (bullish mean-reversion) and those stretched to the upside (bearish mean-reversion). Bullish Mean-Reversion Candidates

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Summary: Diversified Miners remain a standout leader on the board, pushing from a Strong Long-Term trend into an Overbought state in the Medium Term before maintaining a sustainable, Strong Short-Term regime. On the turnaround front, both Hospitals and Luxury Goods show explosive short-term momentu

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za On 12 December our note (via a video comment) alerted you to the R259 - R263 as a buy re-entry range. The share tested this level on several occasions, offering multiple opportunities to accumulate. If you are a short term trader, consider taking (partial) profits or raise your stop-loss to protect capi

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Previous Post (30 March): Buy Microsoft Corp Buy at $363.55 or lower Stop-loss: $325.00 Target(s): $415.00 Code: MSFT Lester Davids Senior Investment Analyst: Unum Capital

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za KEY TAKEAWAY: 🟡 WAIT FOR TRIGGER Sasol is currently digesting a very bullish macro move; while the underlying structural regime remains bullish, the near-term action lacks directional bias and requires a confirmed break of the current range to trigger a new trend, all while long-term probabilities w

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za KEY TAKEAWAY: 🟡 WAIT FOR PULLBACK / 🔴 SHORT ON FAILURE Anglo American is attempting to push higher with extreme near-term momentum, but it is running directly into macro resistance; active traders should avoid chasing the advance, instead using a pullback to the 8-EMA as an accumulation zone, or wa

How To Find Trade Setups: Chart Pack (3-Part Memo) Available For R550. A quick note to gauge any interest. Toward the end of 2025, I compiled a 3-part memo with the following titles: How To Fish For Trading Opportunities (11 Pages) When to Buy and Sell (16 Pages) When to Buy and Sell - Visual Setups (55 Pages) Please Vote Below: Lester Davids Senior Investment Analyst: Unum Capital

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Spot Gold Recent Analysis: https://www.unum.capital/post/xau0904 Lester Davids Senior Investment Analyst: Unum Capital

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Based on yesterday's closing data - subject to change as the news flow and price action develops. JSE Action Report: Momentum and Breadth Part 1: Where the Momentum Is (And Isn't) 1. The Crowded Trades (Overheated) Standard Bank, ADvTECH, and Grindrod are priced for perfection and running on fumes. The

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Current Phase: 🔴 Sell on Rally / Lower High Rejection Next Best-Probability Phase: 🔴 High-Level Chop / Volatility Digestion Strategic Overlay: Tactical Exhaustion. Tactical Risk Assessment: Opening vs. Holding Buying & Long Positions Risk for New Buy Entries: High entry risk. You are initiating a

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Recent Opportunities For Clients of Unum Capital https://www.unum.capital/post/tga1304 https://www.unum.capital/post/tga2303 Current Phase: 🟢 Buy on Pullback / Trend Continuation Next Best-Probability Phase: 🟢 Bullish Expansion / Multi-Year Breakout Strategic Overlay: Tactical Exhaustion. Tactical Ris

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za The index is continuing to digest the short term overbought conditions with a consolidation in our previous sell re-entry range. The index has rallied 15,000 Points vs our buy re-entry range. This is an updated out, which includes the momentum profile, risks and opportunities. Also shown below is the pr

Research Notes April 2026 > https://www.unum.capital/post/rapril2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Original Post With Specific Levels Given Here > https://www.unum.capital/post/makemoney1603 NEDBANK was also alerted as a REAL-TIME WARNING on 26 February (with price action model as key driver) when it peaked near R310. Original Post Here> https://www.unum.capital/post/ned2602 READY TO TRADE: ACTIONABL