Date & Time: Friday, 25 September 2026 at 09h36 Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. Currently, price action for the JSE Top 40 Index is under active downward pressure, trading near the 103,208 level as the daily candle pushes toward its intraday lows. Sellers retain firm initiative control of the tape, with the day opening at its high of 103,823 and expanding steadily lower. Downside momentum remain

Risks to the Current Positioning Overextension in Momentum Leaders: The explosive shift of Consumer Staples and Chemicals into Approaching Overbought territory leaves them vulnerable to sharp, high-beta profit-taking pullbacks if short-term liquidity shifts. Platinum Sector Capitulation Risk: The sudden plunge of Platinum Miners into a short-term High Bearish Momentum (#6) regime warns of aggressive near-term institutional distribution, threatening to pull flat intermediate t

The latest JSE sector momentum matrix update reveals a powerful rotation into high-velocity expansion blocks and defensive accumulation channels. Consumer Staples and Chemicals command the absolute forefront of institutional acceleration, both surging into an aggressive High Bullish Momentum (#2) / Approaching Overbought short-term regime while maintaining strong intermediate or structural foundations. Concurrently, Diversified Miners, Banks, Insurers, Hospitals, and Paper &

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

This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. Lester Davids Senior Investment Analyst: Unum Capital

This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. Lester Davids Senior Investment Analyst: Unum Capital

This research note is free. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. Stop-loss breached. Short Term Buy Idea: EUR/USD Analysis as of Wednesday, 23 September at 10h56 The overarching tactical posture aligns with 🔵 Buy on deeper pullback — Delayed/Weakest Buy, with immediate tactical execution mapped to 🟩 At/approaching buy/add (strictly for small, tactical long exposure). The price action model explic

Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. Currently, price action for USD/ZAR is exhibiting explosive upside momentum, having surged vertically from a deep trough to its current level near 16.2578. Following an extreme downside deviation, initiative buyers have entirely seized the tape, driving the market higher through a relentless sequence of expansive bullish real bodies. This rapid, one-sided price d

This research note is free. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. Analysis as of Wednesday, 23 September at 10h56 The overarching tactical posture aligns with 🔵 Buy on deeper pullback — Delayed/Weakest Buy, with immediate tactical execution mapped to 🟩 At/approaching buy/add (strictly for small, tactical long exposure). The price action model explicitly highlights that the reward-to-risk is becomi

This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Last week, Shoprite reached our R320 target, with a take profit recommended. This note considers the bull, base and bear case from current levels. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. 🟩 Bull Case: 🟢 Buy on pullback (Secondary: 🟦 Buy (continuation)) Shoprite Holdings displays solid un

This update is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Boxer Running +6.7% and approaching 8400c target. Short term traders can consider scaling out of the trade as the price approaches the target. Bullish Reversal Target +8400c Published: Pre-Market Thursday 27 August 2026 Execute Your Trades Via The Unum Capital Trading Desk: For a decade, more than 90% of our research has been free, which means that whether you are a cli

This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. On 02 September, we adjusted the buy re-entry range, which has since remained unchanged. Yesterday, this level as reached (the share's lows of the day dipping into this zone only slightly) before rebounding +4% off the lows. Previous Post (02 September): Making Money With Harmony Gold Sharp Downside Follow-Through (-19%), Rewarding Opportunistic/Active Traders. H

This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Previous Post (10 September): Prosus: An Attractive Range For Building A Position 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-entr

This research note is free. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. Analysis as of Monday, 21 September at 20h47 Currently, price action is exhibiting strong downside momentum as it approaches the lower boundary of its multi-day consolidation range near the 1.1460 level. Following a sharp rejection at overhead resistance, initiative sellers have taken firm control of the tape, driving the market lower

This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. Compagnie Financiere Richemont SA (CFR) — Last Close = 333,722 ZAC (Monday, September 21, 2026) Richemont (CFR) is attempting to carve out a base following heavy selling, defined by a High Bearish Momentum / Approaching Oversold 7-day regime (23.98),

This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Analysis as of 20h24 , Monday 21 September 2026 Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. Currently, price action has settled into a tight consolidation range around the 4,350 level. Following a period of elevated volatility, the market is demonstrating short-term balance, with neither buyers

This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. INSTRUMENT: XAGUSD (Spot Silver) DATE & TIME: Monday, September 21, 2026 | 7:44:48 PM STRUCTURAL RATING: ⭐⭐☆☆☆ The reward-to-risk profile is currently constrained by a lack of directional conviction and active sideways chop. For a Buy/Long posi

This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. Woolworths (WHL) remains trapped in an acute and protracted downtrend, characterized by a Weak 7-day momentum regime (38.46), while both the 7-week (16.00) and 7-month (19.40) timeframes register as deeply Oversold. Structural trend indicators are hea

This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. Resources (Where Applicable) 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. The blue and red horizontal lines on the chart represent a next best probability buy re-entry range and a next best probability sell re-ent

This research note is free. Please Note: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes. On 12 May, Copper reached our long term target at 6.60. This note is an update on the current reward-to-risk dynamics. Disclosure: The commentary below was compiled using an artificial intelligence tool, based on my own inputs/data. Analyst Verdict: 🟢 Buy on pullback COMEX Copper is undergoing a tight, high-level volatility compression within a powerful, secular