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Financial Conditions/Scenario: Base, Bull & Bear Case For Each JSE Share
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Mar 26


JSE Market Sentiment Index
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za The reading of 49.4 is a significant "Pivot Point" indicator for the following reasons: The Equilibrium Point: A score of ~50 across 118 shares confirms that the JSE is not in a systemic rally or a systemic crash. Instead, it is in a state of High Divergence . Capital is being "churned"—sold from one se

Lester Davids
Mar 26


JSE Momentum Wrap
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za The Vertical Ceiling (Chemicals & Energy) 🧪 🛑 The vertical momentum in the heavy chemical complex has hit a hard mathematical wall. Omnia (OMN) and Sasol (SOL) are now locked in a triple-confluence of 🟢 1 OVERBOUGHT across Daily, Weekly, and Monthly anchors. This is the ultimate "exhaustion" signature

Lester Davids
Mar 26


JSE Internal Rotation
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za The JSE structural breadth is currently showing a significant migration toward the "Fade Zone" and "Chase Risk" quadrants. Over the last 24 hours, Omnia (OMN) has surged further into the extreme upper right, with momentum alignment that is statistically unsustainable. Similarly, Sasol (SOL) remains pi

Lester Davids
Mar 26


Full Target Reached at £5.70: Take Profits on BP Plc
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Previous Post: Global Idea: BP Plc Published: Tuesday, 04 February 2026 Time: 11h12 Buy at £ 4.77 or lower Stop-loss: £ 4.15 Target(s): £ 5.70 Code: BP Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Mar 26


JSE Momentum Dashboard 🟢🟡🔴
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Mar 26


JSE Momentum Wrap
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za 1. The Yield Squeeze (Banks on Hold) 🏦 📉 With inflation proving sticky and renewed whispers of interest rate hikes creeping back into the market, the major banks are paralyzed. Absa (ABG), Nedbank (NED), and Standard Bank (SBK) are all trapped in a "Wait / Range Trade" holding pattern. The violent sell

Lester Davids
Mar 26


AngloGold Ashanti +13% Rebound vs Buy Re-Entry Range - Take Profits (Short Term Traders)
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za ANG reached our buy re-entry range and has rebound +13%. Use the rebound to take profits. We wrote follow up note for HAR and SSW (see website) while NED, AGL, BHG and CLS did not reach our desired buy zones. Previous Post (Sunday 15 March): Let's Trade: 7 Money-Making Opportunities Coverage: Harmony Gol

Lester Davids
Mar 25


Sibanye's +15% Rebound: If You Bought In, Use This Rebound To Take Profits (Short Term Traders)
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za The share traded into the buy range, with a strong rebound! Well done to traders who took the opportunity to trade. If you are a short term trader, use this rally to take some profits. Previous Post (19 March): 💡Actionable Areas: Sibanye Stillwater READY TO TRADE: ACTIONABLE AREAS For active traders who

Lester Davids
Mar 25


JSE Top 40 Index: Sharp Rally +6300 Points vs Buy Re-Entry Range (Short Term Traders Consider Taking Profits)
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Trading into the buy re-entry range with a sharp rebound. Previous Post (Sunday, 22 March 2026): Momentum Report + Price Action Model: JSE Top 40 Index The index has breached it's 21-week exponential moving average (EMA) and has found support on it's rising 200-day simple moving average, albeit with very

Lester Davids
Mar 25


Harmony Gold: Strong Rebound From Buy Re-Entry Range. Running +15% (Short Term Traders Scale Out)
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za The recent price weakness coincided with a print into the mid-point of the buy re-entry range, offering a trading opportunity. The subsequent rebound is also in line with the Price Action Model. Previous Post (Thursday, 19 March)💡 Harmony Gold: Early Buy Trigger; Lower Levels Expected Before Potential Re

Lester Davids
Mar 25


Update: Gold Is Higher By $300 vs Our Buy Re-Entry Range. Ultra Short Term Traders Consider Taking Profits
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Previous Post (Sunday 22 March): Gold: Approaching Buy Re-Entry Range 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 t

Lester Davids
Mar 25


Tiger Brands: Strong Rebound (+7%) From Buy Re-Entry Range (R274 to R295)
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za + Strong Candle Structure Previous Post (Sunday, 08 March): Trading Tiger Brands Published Sunday 08 March for Monday 09 March Previous Post (26 November): Take Profits on Tiger Brands (+25%): Rebounding Off The R288-R295 Buy Re-Entry Range; Printing +R367 Previous Post Tiger Brands: Rebounding Off The R2

Lester Davids
Mar 25


Ranking The Sectors
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Published after market close on Tuesday, 24 March for Wednesday, 25 March. Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Mar 24


⛽How Much Gas Is Left In The Tank?
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Published after market close on Tuesday, 24 March for Wednesday, 25 March. Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Mar 24


Momentum Trend Trajectory
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Published after market close on Tuesday, 24 March for Wednesday, 25 March. Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Mar 24


JSE Sector Breadth
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Published after market close on Tuesday, 24 March for Wednesday, 25 March. Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Mar 24


JSE Sector Rotation
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Published after market close on Tuesday, 24 March for Wednesday, 25 March. Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Mar 24


JSE Sectors: Key Takeaways
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Published after market close on Tuesday, 24 March for Wednesday, 25 March. Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Mar 24


JSE Relative Sector Analysis
Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Published after market close on Tuesday, 24 March for Wednesday, 25 March. Summary: Chemicals is the standout leader on the board, rapidly heating up from a High Bullish Long-Term trend to an Overbought state in both the Medium and Short terms. Meanwhile, Diversified Miners and Coal Miners reached Ov

Lester Davids
Mar 24
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