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JSE Top 40 Index - Wednesday, 04 September 2024

  • Writer: Lester Davids
    Lester Davids
  • Sep 4, 2024
  • 1 min read

PRE-MARKET

Ticker: J200 or SA40

  • Broke below the 21-day EMA with poor candle structure on the daily candle.

  • The 50-day EMA will be a next focus area for traders looking to capture a potential intraday rebound (monitor the 5, 15 and 30-minute chart time frames as evidence of a change in candle structure from very bearish to neutral).



Lester Davids

Analyst: Unum Capital


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