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September 2026 > https://www.unum.capital/post/rsep2026 NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes This content is free. Shoprite: Upside follow-through+7% Opportunity originally highlighted here (03 August) > https://www.unum.capital/post/shp0308 Lester Davids Senior Investment Analyst: Unum Capital

September 2026 > https://www.unum.capital/post/rsep2026 NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes This content is free. PSG Financial Services. Setup provided at the following link > https://www.unum.capital/post/kst1808 Lester Davids Senior Investment Analyst: Unum Capital

September 2026 > https://www.unum.capital/post/rsep2026 NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes This content is free. Decent reversal from R15.90 at the time publication on Wednesday to a high of R16.19 today. View (including price action model) discussed here > https://www.unum.capital/post/usdzar2608 Lester Davids Senior Investment Analyst: Unum Capital

September 2026 > https://www.unum.capital/post/rsep2026 NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes This content is free. Thungela Resources. The share is higher by 30% vs our buy trigger at 9939c. Reviewing the daily chart, resistance appears to be in the R134 to R138 range. Consider reducing into strength. We provided you with the BUY setup here (07 August) > https://www.unum.capital/post/tga0708 Lester Davids Senior Investment Analyst: Unum Capital

September 2026 > https://www.unum.capital/post/rsep2026 NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes This content is free. Absa: Reviewing the daily chart, a potential 'bear flag' technical formation is identified, with a break below the R223 level or the lower boundary of the channel being the trigger for further downside. Lester Davids Senior Investment Analyst: Unum Capital

September 2026 > https://www.unum.capital/post/rsep2026 NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes This content is free. AGL (Anglo American) Trend Rating: High Bullish Momentum / Approaching Overbought Nearest Action: Sell on Rally VAL (Valterra Platinum) Trend Rating: Neutral Nearest Action: Buy on Pullback ANG (AngloGold Ashanti) Trend Rating: High Bullish Momentum / Approaching Overbought Nearest Action: At/Approaching Sell/Reduce ANH (Anheuser-Busch InBev / AB InBev) Trend Rating: Was, Weak, Now Neutral Nearest Action: Neutral BHG (BHP Group) Trend Rating: High Bullish Momentum / Approaching Overbought Nearest Action: At/Approaching Sell/Reduce BTI (British American Tobacco) Trend Rating: High Bearish Momentum / Approaching Oversold Nearest Action: At/Approaching Buy/Add CFR (Compagnie Financière Richemont) Trend Rating: Neutral Nearest Action: Neutral CPI (Capitec Bank Holdings) Trend Rating: Weak Nearest Action: Sell (Continuation) FSR (FirstRand) Trend Rating: Weak Nearest Action: Buy on Pullback GFI (Gold Fields) Trend Rating: Overbought Nearest Action: At/Approaching Sell/Reduce GLN (Glencore) Trend Rating: High Bullish Momentum / Approaching Overbought Nearest Action: Sell on Rally INL (Investec Limited) Trend Rating: Neutral Nearest Action: Buy (Continuation) KIO (Kumba Iron Ore) Trend Rating: Oversold Nearest Action: At/Approaching Buy/Add MNP (Mondi) Trend Rating: Strong Nearest Action: Buy on Pullback MTN (MTN Group) Trend Rating: Weak Nearest Action: Buy on Pullback NPN (Naspers) Trend Rating: Weak Nearest Action: At/Approaching Buy/Add PRX (Prosus) Trend Rating: Weak Nearest Action: At/Approaching Buy/Add SBK (Standard Bank Group) Trend Rating: Weak Nearest Action: Sell (Continuation) S32 (South32) Trend Rating: Overbought Nearest Action: At/Approaching Sell/Reduce VOD (Vodacom Group) Trend Rating: Neutral Nearest Action: Neutral Lester Davids Senior Investment Analyst: Unum Capital

September 2026 > https://www.unum.capital/post/rsep2026 NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes This content is free. *Overbought = buyers in control, trend strong, but risks a pullback. ADH Advtech GFI Gold Fields OUT OUTsurance PAN Pan African Resources S32 South S32 THA Tharisa Lester Davids Senior Investment Analyst: Unum Capital

September 2026 > https://www.unum.capital/post/rsep2026 NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes This content is free. *Oversold = sells in control, weak strong, with potential for a bullish mean reversion. OCE Oceana TRU Truworths Lester Davids Senior Investment Analyst: Unum Capital

September 2026 > https://www.unum.capital/post/rsep2026 NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes This content is free. Analyst Disclosure: The content below was generated using an artificial intelligence tool, based on the analyst's own data. KEY TAKEAWAY: S&P 500 E-mini Futures (ES1!) remain firmly embedded within a powerful secular uptrend, currently consolidating right below all-time highs near 7,838 USD while establishing a constructive higher-low tactical base above 7,600 USD. TECHNICAL RISKS: Double-Top Supply Barrier: Failing to decisively clear the 7,838.50 USD all-time high ceiling poses an immediate risk of tactical exhaustion, potentially triggering a rotational mean-reversion move. Tactical Shelf Violation: A decisive daily breakdown below the 7,600 USD support shelf would open an intermediate air pocket down toward the 7,400 USD structural liquidity pocket. Macro Extension Distance: The monthly trend is trading significantly elevated above its 6,800 USD multi-quarter base, increasing downside amplitude if broader macro volatility accelerates. TECHNICAL OPPORTUNITIES: Blue-Sky Price Discovery: A decisive weekly expansion above 7,838.50 USD clears all historical overhead resistance, opening an uninhibited path toward the 8,000–8,200 USD psychological threshold. Constructive Daily Absorption: Price has formed a tight, higher-low consolidation shelf above 7,600 USD, demonstrating healthy institutional absorption of overhead supply. Multi-Timeframe Trend Alignment: Daily, weekly, and monthly profiles are expanding in synchronized bullish structure, keeping the statistical path of least resistance heavily tilted upward. (1) Executing a robust secular bull trend, continuing to press into record territory while holding tight consolidation ledges near 7,722 USD. (2) Monthly secular momentum reflects unbroken institutional strength, with price printing an advance of +2.70% for the period near historical peaks. (3) Weekly momentum remains firmly in the upper bullish tier, confirming that intermediate-term buying impulses continue to dominate pullbacks. (4) Daily price action tracking confirms healthy tactical digestion, holding steady above local breakout tiers despite minor daily backing and filling. (5) Bullish technical setup: an aggressive multi-month rally has shifted into an orderly high-level consolidation, allowing momentum indicators to reset without significant price damage. (6) Immediate structural support and tactical defense lines are firmly anchored at the 7,600–7,650 USD horizontal shelf. (7) A primary blue-sky extension target upon confirming a new breakout high aligns with the 8,000 USD psychological barrier. (8) With intermediate metrics fully supportive, shallow dips into tactical support remain statistically favored for institutional dip-buying. (9) A deeper, critical macro trend floor is comfortably anchored near the 6,800 USD multi-quarter breakout pivot. (10) Strategy: Maintain an active bullish posture; utilize shallow tactical pullbacks toward 7,600–7,650 USD for long re-entries while trailing stops higher below key pivot lows. Analyzing the recent price action for S&P 500 E-mini Futures, the 10-day candle structure illustrates a high-level basing pattern just beneath the 7,800 USD handle, absorbing supply through shallow rotational swings rather than giving up meaningful ground. Zooming in, the 5-day candle structure reflects an orderly drift back toward the 7,700 USD baseline, marked by narrowing candle ranges that signify declining selling pressure during consolidation. The most recent 1-day candle structure shows a contained session, closing at 7,722.00 USD (-0.26%) above the session low of 7,711.75 USD, confirming that buyers continue to defend the immediate short-term support ledge. Lester Davids Senior Investment Analyst: Unum Capital

September 2026 > https://www.unum.capital/post/rsep2026 NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes This content is free. Analyst Disclosure: The content below was generated using an artificial intelligence tool, based on the analyst's own data. 7-Day Trend: Overbought 14-Day Trend: Very Bullish TECHNICAL RISKS: Multi-Year Overhead Supply: Price is directly testing the major 6,111–6,400 ZAC historical resistance cluster, creating the risk of tactical exhaustion or an aggressive profit-taking response. Tactical Momentum Overextension: Daily indicators have accelerated deep into the extreme upper overbought tier, heightening the probability of a sharp, shallow mean-reversion shakeout. Breakout Retest Failure: If a subsequent pullback fails to hold the prior 5,500–5,800 ZAC shelf, price risks sliding back into the broader intermediate consolidation range. TECHNICAL OPPORTUNITIES: Blue-Sky Breakout Potential: A decisive breakout and weekly close above the 6,400 ZAC peak unlocks uninhibited price discovery into fresh macro territory. Robust Accumulation Base: The clear higher-low sequence built above 4,600–5,000 ZAC establishes a durable, high-conviction structural floor for the ongoing secular advance. Synchronized Bullish Trend Alignment: Daily, weekly, and monthly structures are expanding simultaneously within strong bullish regimes, maximizing upward trend continuation probabilities. Lester Davids Senior Investment Analyst: Unum Capital

September 2026 > https://www.unum.capital/post/rsep2026 NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes This content is free. Spot Gold (XAU/USD) | UPDATE: On Monday 24 August we expressed our cautious short term view, which has been followed by gold retreating over the course of the week and declining by a further 3% on Friday on the back of new Federal Reserve Chair Kevin Warsh stating that the inflation fight is not done. The move lower is in line with last Monday's price action model reading that explicitly warned against long positions and that the reward-to-risk was unappealing with extreme (short term) overbought conditions being present. The original note can be read here > https://www.unum.capital/post/xau2408 Lester Davids Senior Investment Analyst: Unum Capital

September 2026 > https://www.unum.capital/post/rsep2026 NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes This content is free. CORE THESIS: The 7-Day trend is Neutral while the 14-Day trend remains Bullish. Nedbank is consolidating within a broader upward trend, though short-term price action has softened on lower timeframes. Long-term upward momentum remains constructive, but tactical execution favors waiting for deeper EMA support before committing fresh long capital. CLASSIFICATION: [🔵] BUY ON DEEPER PULLBACK RECOMMENDED STRATEGY: ACCUMULATE ON DEEPER SUPPORT Wait for price action to test support at or just below the 50-EMA (or the 21-EMA if the 8-EMA is breached) followed by a confirmed reclaim to trigger a rebound buy. This allows entries to align with the dominant 14-day bullish trend while mitigating lower timeframe weakness. ALTERNATIVE STRATEGY: TACTICAL SHORT ON RANGE HIGH FAILURE Monitor price action around prior session range highs. If the price fails to hold or cleanly break through these overhead levels, initiate a tactical, counter-trend short-sell targeting the lower EMA support cluster. NOT RECOMMENDED: CHASING AGGRESSIVE BREAKOUTS Do not buy blindly into near-term rallies without a confirmed reclaim. The lower timeframes are showing signs of exhaustion, making top-of-range entries vulnerable to sudden mean-reversion pullbacks. Lester Davids Senior Investment Analyst: Unum Capital