top of page


Flash Notes
This page will be updated on a continuous basis as the market develops and as opportunities are identified in real-time. 08 Jan 14h38 |...

Lester Davids
Jan 2


WORTH NOTING: Absa Relative Strength vs Financial Sector Peers
Absa showing relative strength vs Satrix Financials (STXFIN) Monthly Chart = Important. Note the igniting bar + 7-month RSI Previous...

Lester Davids
Jan 2


BRENT CRUDE OIL Improving Price Action
Analysis as of 01 January at 18h44 Commentary and further detail on the slide below: Previous Post: Strategy Alert: Brent Crude Oil...

Lester Davids
Jan 2


Previous Post: USD/ZAR Strong Price Action ... Becoming Extended vs 75-EMA
Price Action Model with readings for 3x time frames Price Chart + technical Trend Ratings + Moving Average Slopes + Candle Structure...

Lester Davids
Jan 2


Consumer Staples vs Consumer Discretionary
Key Takeaway: Staples/Discretionary ratio at cycle lows. A bullish reversal may be indicative of potential weakness in broader equity...

Lester Davids
Jan 2


SIBANYE STILLWATER Remains Weak Across The Major Time Frames
Overall View The model presents a bearish outlook across short, medium, and long-term timeframes. This suggests that the market is...

Lester Davids
Jan 2


JSE Telecoms: Relative Change of Trend
Telecommunications Sector Relative to the JSE Top 40 Index: Price Action Pointing To A Relative Change of Trend Comments on the slide below

Lester Davids
Jan 2


DISCOVERY Extended Relative To The JSE Top 40 Index
The chart reflects a ratio of of DSY relative to the JSE Top 40 Index where the distance versus the 40-week simple moving average...

Lester Davids
Jan 2


JSE Market Breadth: Monthly Time Frame
Overall Trend: The market appears to be in a relatively strong uptrend with a significant portion of constituents showing bullish...

Lester Davids
Jan 2


STANDARD BANK Printing Multi-Month Lows; Unwind From Medium Term Overbought Continues
During late December, the share printed multi-month lows. Previous Post: STANDARD BANK 10-Month Trading Update Underwhelms / Unum Clients...

Lester Davids
Jan 2


Investec Ltd: Zooming Out
Investec (INL) | Monthly Chart: Resistance at upper boundary of multi-year channel + MACD breakdown. On a multi-year basis, the current...

Lester Davids
Jan 2


Glencore Plc: Zooming Out
Short Term: Approaching oversold and rebounding Long Term: Weak and in a downward trend; Looking to re-test the previous breakout level...

Lester Davids
Jan 2




Latest Research: First Quarter 2025
To trade with Unum Capital, email lester@unum.co.za To access a note, click on the text/link. Alternatively, visit ...

Lester Davids
Jan 1


S&P 500 INDEX Weakening In Line With Model Reading
On 05 December research highlighted the overextended level of the index, sighting the risk of a medium term retracement. The index...

Lester Davids
Dec 30, 2024


JSE SECTOR RATINGS Consumer Staples, Healthcare, Diversified Miners & More
Key Observations: Tech and Banks: The bullish momentum is waning slightly in the short term. Insurers: The strength is primarily in the...

Lester Davids
Dec 27, 2024


SPOT GOLD. Traders, Here's What The Data Says
Friday 20 December 2024 (Time: 16h30) Code: XAU/USD Lester Davids Analyst: Unum Capital

Lester Davids
Dec 20, 2024


NU Holdings - Approaching Appealing Re-Entry Levels. Here's What The Model Says
Thursday 19 December 2024 (Time: 20h18, South Africa / U.S. Trading Session) Commentary & data on the slide below: Lester Davids Analyst:...

Lester Davids
Dec 19, 2024


U.S. 10-YEAR BOND YIELD Approaching An Overbought Range In The Ultra Short Term
Thursday 19 December 2024 (Time 17h52, South Africa) Commentary on slide Lester Davids Analyst: Unum Capital

Lester Davids
Dec 19, 2024


SA Equities: Trading Commentary (Full Coverage) African Rainbow Mineral, Bid Corp, Naspers & More
Thursday 19 December 2024 (Time: Pre-Market) Technology + Proprietary Insights has helped to develop automated tools and strategies that ...

Lester Davids
Dec 19, 2024
bottom of page
