Research: October 2026 > https://www.unum.capital/post/roct2026 Analysis of JSE Chemicals Relative To JSE Top 40 Index Chemicals Basket = SOL, OMN, AFE Disclosure: This note was compiled using an artificial intelligence tool, based on my own data. Chemicals Posture: Long Term [STRONG] | Medium Term [HIGH BULLISH] | Short Term [HIGH BULLISH] A massive late-September breakout. Chemicals spent August in a choppy Weak/Neutral phase but found their footing in September. By Sept 30

Research: October 2026 > https://www.unum.capital/post/roct2026 Diversified Miners Relative To JSE Top 40 Index Diversified Miners Basket = AGL, BHG, GLN, ARI, S32, GLN Disclosure: This note was compiled using an artificial intelligence tool, based on my own data. Posture: Long Term [HIGH BULLISH MOMENTUM / APPROACHING OVERBOUGHT] Medium Term [STRONG] Short Term [HIGH BULLISH MOMENTUM / APPROACHING OVERBOUGHT] The undisputed king of the board. Throughout August and September,

Research: October 2026 > https://www.unum.capital/post/roct2026 Disclosure: This note was compiled using an artificial intelligence tool, based on my own data. Late September Macro Overlay The JSE has experienced significant internal rotation throughout August and September. The market is increasingly defined by extreme momentum bifurcations, with several sectors hitting "High Bullish/Approaching Overbought" levels simultaneously, while others remain structurally broken. The

Research: October 2026 > https://www.unum.capital/post/roct2026 The share is lower by 22% from our 21 July note: "Take Note...Bearish Engulfing Candle Sets Early Tone For Potential Bearish Reversal".

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Disclosure: The analysis below was compiled using an artificial intelligence tool. Current Price: $4,195.400 Date & Time: September 30, 2026, 09:39 UTC+2 Currently, price action for Spot Gold is probing the critical 4,200.00 psychological barrier, trading near 4,195.40 after printing an intraday high of 4,198.98. Initiative buyers have extended a sustained, multi-session recovery impulse, driving the active 30-minute candle higher with expanding bullish range. While sho

Disclosure: The analysis below was compiled using an artificial intelligence tool. Technical Strategy & Insights Date: Wednesday, 30 September 2026 STATUS OVERVIEW TECHNICAL CONDITION: CYCLICAL EXPANSION / MULTI-TIMEFRAME BULLISH RECOVERY CATEGORY: BULLISH / MAJOR RESISTANCE TEST WATCH TREND STATUS Daily Trend: Consolidation Range / Neutral Momentum Reset Weekly Trend: Structural Uptrend / Strong Bullish Momentum Monthly Trend: Secular Mean Reversion / Stron

Disclosure: The analysis below was compiled using an artificial intelligence tool, using my own inputs/data. Technical Strategy & Insights Date: Wednesday, 30 September 2026 STATUS OVERVIEW TECHNICAL CONDITION: CORRECTIVE RETREAT / BEARISH MOMENTUM EXPANSION CATEGORY: DEFENSIVE / OVERSOLD REACTION WATCH TREND STATUS Daily Trend: Short-Term Downtrend / High Bearish Momentum Compression Weekly Trend: Intermediate Breakdown / Weak Structural Posture Monthly Trend: Cyclical Range

Disclosure: The analysis below was compiled using an artificial intelligence tool. Current Price: 1.1344 Date & Time: September 29, 2026, 16:10 UTC+2 Currently, price action for EUR/USD is attempting to build a localized stabilization base near the 1.1344 level following a severe multi-session markdown. The active 30-minute bar is coiling tightly within a narrow range between 1.1338 and 1.1345, displaying spread contraction and early signs of seller fatigue after sweepi

Disclosure: The analysis below was compiled using an artificial intelligence tool. Current Price: $4,154 Date & Time: September 29, 2026, 14:17 UTC+2 Currently, price action for Spot Gold is extending a steady, multi-hour relief recovery, trading near the 4,154.70 level after probing an intraday high of 4,158.85. Responsive buyers have engineered an orderly upward stair-step over the European morning, characterized by contracting candle spreads and shallow retracements as pri

What is a Technical Screen? In trading and technical analysis, a technical screen (or "screener") is a systematic process used to filter a vast universe of securities—such as the 100+ liquid names on the JSE or the thousands on the NYSE—down to a manageable shortlist that meets specific, predefined criteria. Rather than analyzing every chart manually, a screen acts as a quantitative "funnel" to identify setups where the odds are mathematically skewed in your favor. Why Profes

LEADING PHASE: Strong Trend, Strong Momentum Equities residing in this phase are experiencing synchronized capital inflows, maintaining both short-term momentum and long-term trends above the critical 50 threshold. The institutional action plan for this cohort is to actively ride the established wave and accumulate aggressively on minor, shallow dips. The absolute vanguard of this group is Montauk Renewables (MKR), showcasing a blistering short-term momentum of 81.99 alongsid

What is a Technical Screen? In trading and technical analysis, a technical screen (or "screener") is a systematic process used to filter a vast universe of securities—such as the 100+ liquid names on the JSE or the thousands on the NYSE—down to a manageable shortlist that meets specific, predefined criteria. Rather than analyzing every chart manually, a screen acts as a quantitative "funnel" to identify setups where the odds are mathematically skewed in your favor. Why Profes

British American Tobacco p.l.c. (BTI) — Currently Trading/Last Close at 92,024 ZAC Technical Status: Short-term momentum rebound within a broader multi-month consolidation. Momentum Regimes: Strong tactical (7D: 60.43), Neutral intermediate (7W: 44.86), and Neutral secular (7M: 45.38). Trends & Price Action: Above 8-day and 21-day EMAs; capped below 75-day, 200-day SMA (96,619), and 50-week EMAs. Key Metrics: Market Cap: 1.95 T ZAR Technical Fair Value (TFV): 93,603 ZAC Valua

BHP Group Ltd. (BHG) — Currently Trading/Last Close at 68,792 ZAC Technical Status: Executing a routine corrective pullback within an established secular bull market. Momentum Regimes: Weak tactical (7D: 33.79), Neutral intermediate (7W: 42.83), and Strong secular (7M: 59.20). Trends & Price Action: Long-term trend indicators remain solidly bullish (+11.26% 6-month and +43.16% 1-year). Price is safely above the rising 200-day SMA (64,343) and 50-week EMA (63,569). Consolidati

Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. 200-Day SMA Participation Decay: Broader market participation has begun to crack under the weight of resource liquidation, with long-term breadth slipping to 48% of constituents trading above their 200-day Simple Moving Average, shifting the market out of equilibrium into a slight bearish skew. Short-Term Baseline Contraction: Tactical breadth remains severely sup

Disclosure: The analysis below was compiled using an artificial intelligence tool, based on my own inputs/data. As of the close on Monday 28 September 2026. 🟥 🔴 ⬇️ Systemic Gold & PGM Capitulation Wave The precious metals complex suffered severe institutional liquidation, decisively breaking primary macro supports. GFI plunged an immense −12.03% into extreme OVERSOLD territory. ANG (−4.98%) and HAR (−5.36%) completely abandoned their 200-day Simple Moving Averages, dragging