JSE Top 40 Index
- Lester Davids

- 10 hours ago
- 1 min read
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NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes
Published for the week commencing Monday, 07 September.
JSE Top 40 Index (J200) | The index remains within a consolidation phase within a short term bull sequence. Pullbacks toward the 50-week EMA is likely to be accumulation zones (103k-106k) while sharp accelerations to 113k-116k is likely to be distribution zones (this represents the prior swing highs and overshoot thereof).
*Ratings and Key Levels Are Subject To Change Based On Subsequent News Flow and Price Action.
Lester Davids
Senior Investment Analyst: Unum Capital
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![🛜🟥🟩Remains Weak (Avoid For Now). Approaching Buy Re-Entry Range [Price Action Model Signal]](https://static.wixstatic.com/media/63fd96_fa99db0f55bc49ada85c3d01955cd8e1~mv2.png/v1/fill/w_980,h_551,al_c,q_90,usm_0.66_1.00_0.01,enc_avif,quality_auto/63fd96_fa99db0f55bc49ada85c3d01955cd8e1~mv2.png)
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