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đź“ťTrading Notes: A Sector Showing Relative Weakness

  • Writer: Lester Davids
    Lester Davids
  • 3 days ago
  • 1 min read

Research Notes May 2026 > https://www.unum.capital/post/rmay2026

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Gold Miners Relative To JSE Top 40 Index: Attempting a break below it's 200-day SMA. Also plotted on the chart are the moving averages (200-day SMA and 200-week SMA), Note the similarities in terms of distance of these moving averages to each other to the time of the prior break (November 2020).



Lester Davids

Senior Investment Analyst: Unum Capital

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