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

Lester Davids Analyst: Unum Capital

Continuation Buy Preparing to Re-Accumulate On A Re-Test of The 8/21-EMA Range What does this strategy entail? The instrument has commenced or is already in an upward trend, with prices above the 8 and 21-day Exponential Moving Averages (EMAs). The EMAs have an adequate positive spread i.e. the 8-EMA is above the 21-EMA. Upon a retracement of the price, the lower boundary or mid-point of the 8/21-EMA range, combined with the 20-day Volume Weighted Moving Average (VWMA) is considered a provisional buy zone. Failing this, the 21-EMA is the next re-accumulation range for traders looking to re-enter buy/long positions. The strategy is ideal for ultra short-term/active traders looking to capitalise on retracements in a bullish short-term trend. The strategy assumes no existing position is held by the trader, while the setup is confirmed on the preferred candle structure developing during the upcoming session(s). Continuation Sell Preparing to Re-Enter On A Re-Test Of The 8/21-EMA Range What does this strategy entail? The instrument has commenced or is already in a downward trend, with prices below the 8 and 21-day Exponential Moving Averages (EMAs). The EMAs have a negative spread i.e. the 8-EMA is below the 21-EMA. Upon a retracement of the price, the upper boundary or mid-point of the 8/21-EMA range, combined with the 20-day Volume Weighted Moving Average (VWMA) is considered a provisional sell zone. The strategy is ideal for ultra short-term/active traders looking to capitalise on retracements in a bearish short-term trend. The tickers highlighted assume no existing position held by the trader while the setup is confirmed on the preferred candle structure developing during the upcoming session(s). Unum Trade is your Profit Partner, guiding you through each week’s market journey and strategies. To learn more, contact our Trading Desk team at tradingdesk@unum.co.za or call 011 384 2923.

PIERCING CANDLE Preparing to buy into ultra short-term oversold conditions What does this strategy entail? The instrument is in a downward trend over several days, becoming extended versus its moving averages. As the entry for this setup approaches, the candle's structure may reflect excessive selling with large red candles and expanding daily ranges. In the following session, the price may "gap down" and reclaim the prior day's lows to close to positive territory, reflecting short-term buying interest and potential for a 2-4 day rebound. The strategy is ideal for ultra short-term/active traders looking to capitalize on retracements in a bullish short-term trend. The tickers highlighted assume no existing position held by the trader. while the setup is confirmed on the preferred candle structure developing during the upcoming session(s). DARK CLOUD COVER Preparing to sell into ultra short-term overbought conditions What does this strategy entail? The price has been in an upward trend over the short term where, as per the Relative Strength Index trades in an overbought range (above 75 on the RSI in an upward trend or above 55 in a bearish retracement). The price then trades above the prior session highs however fails to hold this level, signalling sellers looking to take control of the price action. The price then closes the session below the prior day's high, suggesting potential for a bearish reversal in the following session. The tickers highlighted assume no existing position held by the trader while the setup is confirmed on the preferred candle structure developing during the upcoming session(s). Unum Trade is your Profit Partner, guiding you through each week’s market journey and strategies. To learn more, contact our Trading Desk team at tradingdesk@unum.co.za or call 011 384 2923.

Readings For The US Dollar / Japanese Yen FX Pair Signal An Overextension And Potential Pullback Lester Davids Analyst: Unum Capital

UPDATE: Copper has retraced from it's short and medium term overbought levels, having traded above $5.00. This follows an impressive run, one that we discussed on 16 November 2023. The automated model gave us a reading on 15 May, warning of an unappealing reward-to-risk on the upside i.e. expect a pullback. At current levels, the commodity trades in a high bearish momentum regime, approaching short term oversold levels. In addition, it is trading at or around the rising 21-week exponential moving average (EMA), a level at which bulls could re-emerge. The short term trend remains down, however active traders would want to monitor for early signs of price stabilization which could signal the start of a base and potentially a bullish reversal. Downside risk, as highlighted on 15 May: Upside Opportunity on 16 November 2023: Lester Davids Analyst: Unum Capital

Lester Davids Analyst: Unum Capital

Lester Davids Analyst: Unum Capital

Lester Davids Analyst: Unum Capital

Lester Davids Analyst: Unum Capital

Lester Davids Analyst: Unum Capital

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