JSE Technology Relative Candle Structure Worth Noting

Research Notes For 26 to 30 May > https://www.unum.capital/post/r2630may

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Monthly candle losing upside momentum; signs of medium term distribution at the previous breakdown level + at the upper boundary of a rising wedge technical formation.

The chart is JSE Equally-Weighted Technology Relative to the JSE Top 40 Index

Lester Davids

Senior Investment Analyst: Unum Capital