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π₯π©π§ JSE Sector Momentum Dashboard
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. The period from mid-August through mid-September reveals an intensifying bifurcated market, characterized by rotation within the resource complex and acute divergence across broader cyclicals. The most defining shifts are the structural breakout in Chemicals and the bullish alignment in Platinum Miners, which have seized decisive leadership. Concurrently, Coal Mi

Lester Davids
Sep 13
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Strategy Alert: AVI Ltd
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Disclosure: The commentary below was generated automatically, using an artificial intelligence tool (using my own inputs/data). π© Bull Case: π’ Buy on pullback (Secondary: π© At/approaching buy/add for small, tactical size) AVI approaches an asymmetric turning point as downside momentum begins to deplete across multiple horizons. While the 14-day trend remains v

Lester Davids
Sep 13
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β³ Internal Rotation: Consumer & Retail
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. A Relative Rotation Graph (RRG) highlights the relative strength and momentum of multiple assets against a common benchmark, plotting them on a single visual grid. By tracking the rotational path of these assets, traders can see exactly which sectors, stocks, or asset classes are leading, lagging, or transitioning at any given time. How It Helps Traders Visualiz

Lester Davids
Sep 13
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β³ Internal Rotation: JSE Rand Hedges
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. A Relative Rotation Graph (RRG) highlights the relative strength and momentum of multiple assets against a common benchmark, plotting them on a single visual grid. By tracking the rotational path of these assets, traders can see exactly which sectors, stocks, or asset classes are leading, lagging, or transitioning at any given time. How It Helps Traders Visualiz

Lester Davids
Sep 13
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Trading BHP Group: Actionable Areas + Long/Short Risks
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. The analysis below was generated automatically, using an artificial intelligence tool (using my own inputs/data). π§ Base Case: β¬ Neutral BHG enters a choppy, range-bound consolidation phase over the next 1 to 4 weeks as competing timeframe forces neutralize directional progress. While the broader primary uptrend has turned weaker, short-term selling is dampened

Lester Davids
Sep 13
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Trading FirstRand: Actionable Areas + Long/Short Risks
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Manual/Human Comment: FirstRand Ltd - Following it's early morning rally on Thursday, on the back of it's results, sellers took control on an intraday basis, which saw massive selling pressure and a close at the lows of the day. Friday saw further downside with a close near the lows of the day which was also on the short term incline support that appears to form

Lester Davids
Sep 13
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Trading Mondi Plc
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Via our watchlist. This note considers the best course of action for the instrument from current levels i.e. the next best-probability actionable areas for active traders. Chart + Analysis as of Friday 11 September at 14h42 Mondi Plc (MNP) - The share has developed a 'low volume pullback' which may be the set up for it's next leg higher. Over the past 7 trading s

Lester Davids
Sep 13
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Trading JSE Top 40 Index: Actionable Areas + Long/Short Risks
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. The analysis below was generated automatically, using an artificial intelligence tool (using my own inputs/data). π§ Base Case: β¬ Neutral The J200 remains pinned within a choppy, directional consolidation corridor over the short term. A range-bound 14-day trend and an overarching lack of directional bias keep the index oscillating aimlessly between its defined tr

Lester Davids
Sep 13
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JSE Relative Sector Rotation
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Sep 13
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DRD Gold: Actionable Areas
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Via our watchlist. This note considers the best course of action for the instrument from current levels i.e. the next best-probability actionable areas for active traders. Chart + View as of Friday 11 September at 11h25. Update (Thursday 10 September): All JSE Gold Shares down sharply since Monday 24 August (note published on Sunday 23 August). 98% of our content

Lester Davids
Sep 11
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U.S. Dollar / South African Rand
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Analysis + Chart as of: Friday, 11 September at 10h07. The pair is attempting a bullish reversal, having formed a double bottom technical formation (2x low ~R15.90). The bullish reversal is also in line with the price action model which, on 26 August, stated that the pair had become attractive for a buy/long position. For now sellers (i.e. buyers of the Rand) are

Lester Davids
Sep 11
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π’οΈTake Profit. Brent Crude Oil +50% vs Our Buy Re-Entry Range (Medium Term Traders)
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Brent Crude Oil Current Date/Time: Friday, 11 September at 08h29 (South African Time) Did you also notice it's rallying in line with the price action model which was highlighted at the time? See the 5 to 8 week reading which stated that there was a 'probability of a small rebound' Previous Post (Sunday 28 June) π©π’οΈAt/Approaching Buy/Add Range. Look For Lower Le

Lester Davids
Sep 11
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Capitec Ltd: Actionable Areas
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Via our watchlist. This is an update to our 13 July note in which we looked for a breakdown in the CPI share price. We also consider the next best probability buy re-entry range(s). As per our expectations of the price action, Capitec broke below the trigger level, rebounded and has started to roll over to multi-week lows. Thursday's sharp sell-off was triggered

Lester Davids
Sep 11
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Reinet Investments: Sharp Sell-Off Into Major Long Term Support
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Via our watchlist - placing it on your radar. Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Sep 11
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πUS 10-Year Bond Yield: Potential For Consolidation, Then Bearish Reversal. See Price Action Model Signal
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. One year ago (September 2025) we called for higher bond yields based on the price action model. Now, the same tool is pointing to extreme overbought levels for the US 10-year bond yield and the potential for a retracement (lower levels) in yields. From current levels, yields are likely to trade slightly higher, then consolidate (in a potential top formation) befo

Lester Davids
Sep 10
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ππ₯4x Sell/Reduce Signals (Update)
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Update: All JSE Gold Shares down sharply since Monday 24 August (note published on Sunday 23 August). 98% of our content has always been free. Our research is open, which means that whether you are a client or not, you can access our research, including our trade ideas. If you have been reading our research but use another trading services provider/broker to exec

Lester Davids
Sep 10
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Take Profit: AngloGold Ashanti (-15% vs Sell Re-Entry Range)
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. The market gave us several days of opportunity to sell into the re-entry range. If you used the highs, or near the highs, then you are in the money by 15%. Medium term traders can consider taking profit. Opportunity originally highlighted here (13 August) > https://www.unum.capital/post/ang1308 Lester Davids Senior Investment Analyst: Unum Capital

Lester Davids
Sep 10
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Momentum & Capital Flow Report: Breakouts, Capitulations & Risks
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Disclosure: The content below has been generated using an artificial intelligence tool (based my own inputs/data). 1. Aggressive Mining Breakouts: Triple-aligned, strong momentum is driving immediate buy continuations across the diversified mining giants as global capital rotates into hard assets. (Glencore - GLN, Anglo American - AGL, BHP Group - BHG, Alphami

Lester Davids
Sep 10
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Sasol: The Reward-To-Risk From Current Levels
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Over the 14 weeks, since our video comment on Friday, 29 May, Sasol has rallied by 40% (R164 to R232). In case you missed the original video it, watch it here > https://www.unum.capital/post/sol2905 Disclosure: The content below has been generated using an artificial intelligence tool (based my own inputs/data). What is the reward-to-risk from current levels?

Lester Davids
Sep 10
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Prosus: An Attractive Range For Building A Position
This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Via our watchlist. This note considers the best course of action for the instrument from current levels i.e. the next best-probability actionable areas for active traders. While it continues to drift lower, driven by institutional selling pressure, Prosus has reached our buy re-entry range. Is this the exact bottom? I don't know however, this level represents a m

Lester Davids
Sep 10
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