JSE TOP 40 potential big Diamond breakdown to 58,288

Bearish Diamond formation is potentially forming on JSE Top 40.

We've seen bearish tendencies for the market with momentum downside.
Price<20 and Price<200 - HPT

We DO need this price to break below the Diamond before the likelhood is higher for big downside.

But knowing indices, they always tend to suprise and the market makes a big rally.

ANyway, the momentum is down for now and if the diamon breaks below the next target could be at 58,288.

Let's see