South Africa Top 40 Index
看空

JSE:J200 Top40 Wyckoff Distribution and Markdown

278
Institutional investors which include foreign investors have bee distributing the JSE stocks since 2015 (see posts below for further analysis). Following a Wyckoff approach to the markets an upsloping distribution range was formed and now the markdown has started. Price has broken the upsloping stride and the lows of the automatic reaction (AR) at the start of the trading range with the largest two down bars ever. We may have a rally back to the breakout levels but I am expecting further markdown to take place.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。