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Top 10 Most Overbought (i.e. Strongest) Top 10 Most Oversold (i.e. Weakest) Lester Davids Analyst: Unum Capital

Real-Time: 14h59 Hyprop Investments (HYP) Lighthouse Properties (LTE) ABOVE-AVERAGE VOLUME IN BOTH NAMES, WITH POSITIVE CHANGES FROM THE OPEN. THIS POSSIBLY SUGGESTS RENEWED BYING INTEREST WITH THE CONSOLIDATION RANGES. HYP LTE Lester Davids Analyst: Unum Capital

Pre-Market This is a ratio chart, showing a basket of miners (AGL, BHG, GLN, ARI and S32) vs banks (ABG, CPI, FSR, NED and SBK). Zooming out, the ratio is approaching a potentially key level on multi-year basis. If the ratio trades at or around this level, it would likely be approaching oversold on a multi-week and multi-month basis, which could offer an appealing reward-to-risk for traders looking to buy miners and sell banks. Lester Davids Analyst: Unum Capital

Real-Time: 11h32 ABG is an example of how traders can use the Tactical Trading Guide to capture opportunity (on multiple time frames). The reading below highlights the data as of Friday evening. where it states: "Aggressive buying but do not chart (do not buy). Look for an overshoot or failure to hold the prior session range highs to short/sell back to the 8-day EMA". As of the time of writing, the share is down 2.5%. Lester Davids Analyst: Unum Capital

We have a busy week ahead with key central bank meetings and major tech companies releasing earnings. Here’s what to watch out for: Tuesday: Euro Area GDP Q2  and  Consumer Confidence Microsoft Earnings Wednesday: Bank of Japan Interest Rate Decision Federal Reserve Interest Rate Decision Meta Platforms Earnings Thursday: Bank of England Interest Rate Decision US Jobless Claims Amazon and Apple Earnings Friday: US Non-Farm Payrolls  and  Unemployment Rate Central Banks: Federal Reserve (Fed):  The Fed is expected to keep rates unchanged but is anticipated to provide guidance on future rate cuts. The market is currently pricing in a cut for September. Bank of Japan (BoJ):  There's a 64% probability that the BoJ will increase rates by 10 basis points. Bank of England (BoE):  There's a 50% probability that the BoE will cut interest rates. Economic Data:  The data suggests that the Fed could start cutting rates this year. If confirmed on Wednesday, this could be positive for markets. However, if the outlook remains unclear, markets could react negatively, potentially affecting US markets and gold. Earnings Releases: Four of the 'Magnificent 7' are due to report earnings. Last week, Tesla's disappointing numbers led to downside pressure. After a stellar year-to-date performance driven by AI-related optimism, these stocks are priced for perfection. Any earnings miss could result in significant volatility, particularly in the Nasdaq. Note that these companies typically report after the market closes. Stay informed with Unum Capital, Your Profit Partner. Get in contact with us at tradingdesk@unum.co.za  to make sure you can capitalize on these movements.

Lester Davids Analyst: Unum Capital

Real-Time: 10h49 Lester Davids Analyst: Unum Capital

Real-Time: 14h25 Lester Davids Analyst: Unum Capital

Pre-Market The Most Overbought In (Nearly) 3 Years This is a ratio chart which shows the banks (equally weighted) relative to the JSE Top 40 Index. The ratio has just entered an overbought range, which means that it can remain so over the short term, however, the rating (overbought) also means that the relative buy/long reward-to-risk (from a sector allocation weighting perspective) is unappealing. Lester Davids Analyst: Unum Capital

Notes on slide To trade, or open a new account, contact the Unum Capital Trading Desk: E-Mail: tradingdesk@unum.co.za  | Call: 011 384 2923 Lester Davids Analyst: Unum Capital

To access the full report, e-mail lester@unum.co.za Lester Davids Analyst: Unum Capital

REAL-TIME: 13h34 Lester Davids Analyst: Unum Capital