JSE Top 40 Index: Slowdown In Short Term Upward Momentum
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Friday, 04 October 2024 Time Published: 08h03 Last week Friday, a manual and automated analysis of the index highlighted short term...
Lester Davids
Jun 27
JSE Top 40 Index - Friday, 28 June 2024
Yesterday's pre-market reading for the index stated that if the 8-day EMA is breached, then the 21-day EMA is the next best...
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Lester Davids
Jun 26
JSE Top 40 Index - Thursday, 27 June 2024
On Wednesday, sellers overpowered buyers, sending the index lower by breaching the support level that had been held over the previous 3...
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Luke Holland
May 24
JSE Top 40 dips below 73,000 level!
JSE Top 40 Index drops to 72,518, reflecting overbought conditions and a -2.59% decline amid profit-taking and market volatility.
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Luke Holland
May 20
JSE Top 40, looking overbought!
As election day approaches, the JSE Top 40 Index is soaring, bolstered by strong local and global market trends.
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Peet Serfontein
Apr 9
Analyst Thoughts: Top 40 - The Bigger Picture
RS CORRECTION MATURING WITH MEANINGFUL GAIN POTENTIAL The prevailing perspective suggests an ongoing consolidation phase RS, anticipated...
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Peet Serfontein
Apr 4
Analyst Thoughts - Top 40 Medium-Term
THE PRICE ACTION SETTING THE STAGE FOR AN UPCOMING BULLISH TREND? General Outlook: The significant R*S flag pattern correction is nearing...
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Peet Serfontein
Mar 26
Analyst Thoughts - Top 40 Medium-Term
COMPLEX RESTRUCTURING PATTERN - SEVERAL INTERIM ALTERNATIVES General overview: The RS flag correction is approaching its advanced...
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Peet Serfontein
Mar 18
Analyst Thoughts - Top 40 Medium-Term
THE VIEW IS RETAINED FOR AN INTRICATE PATTERN APPROACHING MATURITY, OFFERING TWO POTENTIAL OUTCOMES. The RS declining channel pattern...
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Peet Serfontein
Mar 5
Analyst Thoughts: Top 40 - The Bigger Picture
THE VIEW IS RETAINED FOR A CORRECTIVE PRICE ACTION. The overall stance of further P*Q* consolidation price action, followed by gains to...
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Peet Serfontein
Feb 27
Analyst Thoughts - Top 40 Medium-Term
CURRENTLY, THE PRICE ACTION APPEARS TO BE MAINTAINING A NEUTRAL STANCE. The PM flag continuation pattern should eventually result in a...
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Peet Serfontein
Feb 5
Analyst Thoughts - Top 40 Medium-Term
THE PERSISTENT VIEW MAINTAINED DURING AN ONGOING CONSOLIDATION IN THE PRICE ACTION. General view: Ongoing consolidation within the PM...
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Peet Serfontein
Jan 31
Analyst Thoughts - Top 40 Medium-Term
CONSOLIDATION PROBABILITIES. View: Ongoing R1/M consolidation to complete the PQ larger correction. An eventual bull trend to T2 and...
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Peet Serfontein
Jan 23
Analyst Thoughts - Top 40 Medium-Term
VIEW ENHANCED FOR A CORRECTIVE DOWNSIDE PRICE ACTION. The overall view of downside to S3/Q remains valid that should eventually be...
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Peet Serfontein
Jan 10
Analyst Thoughts - Top 40 Medium-Term
VIEW RETAINED: ENGAGING AT PIVOTAL TRADING LEVELS. The overall view of the downside off L* to M** has materialised and the general view...
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Peet Serfontein
Nov 28, 2023
Analyst Thoughts - Top 40 Medium-Term
THE OUTLOOK IS HELD FOR PRICE PROBABILITIES WITH A MINOR RETRACEMENT, AFTER WHICH THE BULLISH TREND MAY PERSIST. Completion of both the...
190
Peet Serfontein
Nov 21, 2023
Analyst Thoughts - Top 40 Medium-term
THE VIEW IS RETAINED FOR REALISED GAINS TO 69 200. WHAT CAN WE EXPECT NEXT? Completion of both the expected LM wedge pattern and W,X,Y...
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Peet Serfontein
Nov 14, 2023
Analyst Thoughts - Top 40 Medium-term
THE VIEW IS RETAINED FOR GAINS OFF 63 700 AS PART OF A BASE BUILDING BETWEEN 63 800 AND 72 000. Completion of the A,B,C,D,E bear phase at...
90
Peet Serfontein
Nov 6, 2023
Analyst Thoughts: Top 40 Medium-Term
THE VIEW IS RETAINED FOR GAINS OFF 63 900 AS PART OF A BASE BUILDING BETWEEN 65 200 AND 70 000. The expected completion of the W,X,Y...
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Peet Serfontein
Oct 25, 2023
Analyst Thoughts: Top 40 Medium-Term
THE VIEW IS RETAINED FOR A CONSOLIDATION BETWEEN 64 400 AND 72 800 WHICH IS HOLDING. The illustrated outlook is retained in general....
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